Apparel, Accessories, Parts store for motorcycle, atv, utv & scooters.
Business price $392,000, Real Estate price$969,000 or triple net lease
RevSport! is an award winning one of a kind powersports store in this area, specializing in apparel, accessories and parts. Stocking the best brands in the industry and operating from a modern and spacious facility, with excellent highway access and visibility.
This is a turnkey business.
Located in Bloomington, Indiana, home of Indiana University, Lake Monroe, John Mellencamp and the setting for the Academy Award-winning movie "Breaking Away".
RevSport!, Inc. opened in March of 2006. Up until the opening of RevSport! there was not a store in this area that stocked a significant amount of apparel, accessories, or parts. At RevSport! customers can get these items regardless of what brand they ride, this makes customers more comfortable knowing that they are in a neutral store, not in a dealership that does not sell their brand.
Normal business hours are 9am to 6pm, Monday thru Saturday, closed Sunday. We advertise very little, due to the high visibility of our large exterior signage and high traffic count from Interstate I69/SR37. Also, our outstanding reputation leads to positive word of mouth referrals.
The RevSport! web site is www.revsport.biz, we also utilize our FaceBook account and eBay store.
Our years of experience gives us the knowledge of what products sell and the inventory that needs to be stocked. This information gives the new owner an advantage over trying to learn this on their own, it will save months of trial and error and lost money on non-selling inventory, and allows for lower inventory with a "Just in Time" ordering strategy.
RevSport! has open accounts, extended terms, and favored pricing status with suppliers.
The powersports demographics are dynamic, characterized by constant change, this lends to an industry that is never stagnant. New models mean new parts and accessories that the consumer needs or wants. Besides national advertising by manufacturers, professional athletes help fuel sales. Professional riders are seen with new apparel and accessories leading to the consumer demanding these new products. Apparel manufactures change designs twice per year or more, leading to customers wanting the latest style and colorways. There are always new items to show and sell the customer. This is beneficial because it keeps the business from being overly dependent on one single product or manufacture. One perk of this business is the opportunity to travel to industry expos, distributor and manufactures trade shows and races, to see new products.
The west side of Bloomington continues to grow and new building projects are numerous. As of February 2016 an extension of Industrial Park Drive is under study. The project will provide motorists another route to and from Whitehall Crossing via Whitehall Crossing Boulevard behind Kohl's. Whitehall Crossing is a retail development and is one of the major west side retail centers in Bloomington. This will give consumers at the Whitehall Crossing stores even easier access to RevSport! and result in even higher traffic counts and exposure for RevSport!. The redevelopment commission is in favor of doing this project.
Revsport! is positioned near nationally known stores making it a perfect opportunity for an individual or partnership to break into the powersports business, and is also an excellent consideration for an existing powersports dealer to add to their locations.
Go to www.revsport.biz and click on "store gallery" for more interior and exterior photos.
Years in business: 10+
Included in business price: Tangible assets including merchandise inventory, furniture, supplies, interior and exterior signage, fixtures and equipment except as will be described. Intangible assets including RevSport! name and logo, web site, eBay store, and FaceBook account.
Seller financing for the business will be considered.
Seller financing or triple net lease will be considered for the real estate.
No Contingent Liabilities.
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