Powersports Dealership

Multnomah County, OR (Relocatable)

Powersports Dealership
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Asking Price: $1,500,000

Cash Flow: $550,000

Gross Revenue: $6,821,500

EBITDA: $400,000

FF&E: $400,000

Inventory: $2,100,000*

Rent: $13,000 /Month

Established: 1980

*not included in asking price.

Powersports Dealership

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Business Description

Powersports dealerships

Powersports Dealership: The Company is a multi-line franchised Powersports Dealership. The business was founded over 71 years ago and specializes in Powersport sales for the western, Oregon markets. Large quality and variety of inventory with service and parts support, and customer service are top priorities of the business. The company values their long-standing relationships with their employees, customers and suppliers. The Company is one of the most established multi-line dealership of its kind in the Pacific Northwest. The company operates out of a leased facility.

Detailed Information

Location:
Multnomah County, OR
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
25,000
Lease Expiration:
6/30/2020
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Company leases its facilities: the company facilities include Show room, offices, parts room, service and tech bay and warehouse of approximately 25,000 sq. ft. on 325,000 sq. ft. of flat ground. Current lease rates are $13,000 per month with the tenant paying the insurance, property taxes, inside and outside maintenance and repair. The building and land has been sold and the business will needed to be moved to a new location after the sale. The facility is in a mixed retail and industrial area near major highways, have access to truck lines and bus lines and are only minutes from downtown.
Competition:
The Company markets its 6 franchise dealerships through radio, television print, mailouts and a website. Although it serves franchise areas, the business draws customer from all over the state.
Growth & Expansion:
Over the last five years’ sales increased until last year. Future profits are expected to increase do to the overhead reduction associated to the sale of an implement dealership. The improving economic conditions and population expansion bode well for future growth.
Support & Training:
The owners will provide training and transitional support for 3 months
Reason for Selling:
Retirement
Franchise:
This business is an established franchise
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(from currently available funds)
 
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Ray Hanson

Business Listed By:
Raymond G. Hanson

PragmaGroup, LLC.

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