Recreational Products Dealer

Maine (Cumberland County)

Retail - Miscellaneous Retail | Services - Other Miscellaneous services

Asking Price $975,000 Inventory $700,000** 
Gross Income $5,000,000 Real Estate $1,200,000** 
Cash Flow $350,000 Year Established 1984
FF&E $250,000* Employees 12

* included in the asking price

** not included in the asking price

This well-established retailer and service provider is Maine s leading recreational products dealership. It has carved out profitable niches to continually be the market leader for the wide variety of product lines it carries. It provides parts and service for all of its product lines and carries a large selection of accessories. The business covers a wide geographic and demographic market from a central location. The company has a long history in the recreational products industry and continues to grow and prosper. A loyal and dedicated staff serves the ever-growing customer base.

Facilities: The dealership is located on several acres in a desirable part of Southern Maine. The facility includes a large service building and a spacious well-appointed indoor showroom for product displays. There are four sales offices that have recently been redecorated. The real estate is available to purchase for $1,600,000 or it is available to lease.

Competition: The business has a variety of competitors due to its varied product offerings, but no direct competitors for its top lines. It has developed a loyal customer following by providing excellent service and support for every product it sells. The business is able to offer its customers various financing incentives through its dealership arrangements and it has very active pre-season sales programs.

Growth/Expansion: The dealership has a strong market share. It is well known for its friendly and outstanding service. The growth that has resulted from good service is only the beginning of what can be done with this successful multifaceted enterprise. There are growth opportunities with the current product lines as well as with new product lines. The desire for more leisure time activities virtually assures increasing demand for this business. Growth opportunities are abundant.

Financing: Seller Fin 500K. DP on Biz 475 + 700K Inv + 900K Floor Plan + 200K Working Capit

Support/Training: Seller will provide transition training and consulting for a new owner.

Reason Selling: Retirement and travel.

Business For Sale By

Lee Edwards

207-775-1957

Maine Business Brokers

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