Businesses For Sale

Fun business power sports vehicles retail

POWER SPORTS VEHICLE RETAILER SELLS MOTORCYCLES, OFF-ROAD DIRT BIKES, ATV S, PERSONAL WATERCRAFT and SNOWMOBILIES in Lake Champlain region. This 11 year-established retailer of power sports vehicles and related accessories sells balanced mix of over 250 recreational and fun power sports units, year-around, under OEM famous brands. It is a full service operation that offers one stop shopping to a wide variety of outdoor sports vehicle customers young and old that enjoy speed, flexibility and kinetic pleasure. This is a straightforward and easily learned fun business. A total staff of six works in the leased 9,400 square feet store and shop. Its high visibility a front space has large show windows facing the traffic, a gigantic display showroom for over 60 new and used vehicles, and a two-bay repair center with large adjacent parts room. The paved one-acre site has 165 feet of frontage. There is a vendor floor plan program for the average of 100 new units that are on display. Sales in 2008 were $ 2,280,000, and EBITDO approximated $180,000, exclusive of owner s take-outs, taxes and after floor plan financing costs. This approximates the average performance of 2006-2009 including the current recession economy affected year. The Company is located on a main shopping artery in a growing, diverse and exciting northeast NY prosperous city on Lake Champlain It has young power sports enthusiasts that enjoy a variety of travel, recreational, cultural, and athletic and lifestyle activities. Price is $ 560,000 and includes a used vehicle and accessory inventory of $ 170,000 but does not include a floor plan inventory of an estimated $ 750,000 value. A new owner with $115,000 can learn the business easily and have a solid market base, loyal employees, and potential expansion into more products and more intense marketing.

Please refer to listing ID: 2DC1118

Industry:  Retail Stores
Industry Segment:  Other Retail Stores
Geography:  United States > New York > Upstate
Asking Price:  $560,000
Gross Revenue:  $2,200,000
Cash Flow:  $165,000
Value of Inventory:  $165,000 (Included in Asking Price)
Value of Equipment:  $65,000 (Included in Asking Price)
Year Established:  1998
Mgmt. Training/Support:  Will assist in training and turnover of straightforward turnkey business. Buyer would be expected to have basic sales skills, and able to achieve understanding of non-technical production process.
Reason For Selling:  Personal.
Facilities:  The showroom/shop building is in a leased 9,400 square feet facility in excellent repair. Its high visibility front space has 60 large show windows facing the traffic, a gigantic display showroom for over 60 new and used vehicles, four offices and a two-bay repair center with large adjacent parts room. The paved one-acre site has 165 feet of frontage. There is a vendor floor plan program for the average of 100 new units that are on display.
Market Outlook/Competition:  Company enjoys niche where it shares the market with another retailer of the other brands . Sells to a regional and national market on quality, price and dependable delivery, with many repeaters. Sizeable floor plan inventory gives a cost efficient sales advantage.
Name:  Heidi French
Email:  heidi@countrybusiness.net

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