Return to search results

Vespa Manhattan-Flagship Excl. Piaggio,Vespa, Aprilia & Moto Guzzi

New York, NY (New York County)

Seller Financing Available
Vespa Manhattan-Flagship Excl. Piaggio,Vespa, Aprilia & Moto Guzzi
Contact Seller

Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $2,200,000

EBITDA: $583,000

FF&E: N/A

Inventory: N/A

Established: N/A

Vespa Manhattan-Flagship Excl. Piaggio,Vespa, Aprilia & Moto Guzzi

Save Print Share Valuation Report

Business Description

Asking Price: Contact for more information

Detailed Information

Location:
New York, NY
Growth & Expansion:
The growth opportunities are tremendous! 1) Vespas in NYC previously all required the driver to have a motorcycle license. Starting in June 2019, some Vespa and Aprilia scooters may be driven by anyone with a simple drivers license. This "motorcycle license requirement" has been an impediment to purchase for over 80% of Vespa Manhattan prospects! 2) NYC has passed congestion pricing so that all cars south of 60th street in Manhattan will pay $10 or more. Motorcycles and scooters are EXEMPT from this new congestion pricing - scheduled to take effect in 2021.
Financing:
490000.00
Support & Training:
4 weeks
Reason for Selling:
other interests
Contact Seller

Contact the Seller

Contact Seller Loading

Winfield Smart

Business Listed By:
Winfield Smart

Transworld Business Advisors of NY

Show Phone Number

View My Listings


Sponsoring Broker:
Transworld Business Advisors

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1629437 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


AAMCO Transmissions

Franchise Opportunity
Capital Required: $223,000