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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
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $2,200,000

EBITDA: $583,000


Inventory: N/A

Established: N/A

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

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Business Description

Asking Price: Contact for more information

Detailed Information

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.
Support & Training:
4 weeks
Reason for Selling:
other interests
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Winfield Smart

Business Listed By:
Winfield Smart

Transworld Business Advisors of NY

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Sponsoring Broker:
Transworld Business Advisors

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