Powersports and Outdoor Equipment Dealership, Sales up 15% in 2008!
Location: Michigan > SE Michigan
Industry: Auto Related > Auto Dealers
Financials
Asking Price: $500,000
Gross Revenue: $4,000,000
Gross Revenue Comments: 2007
Cash Flow: $75,000
Cash Flow Comments: Will double in 2008
Inventory: $1,500,000 (Not Included in Asking Price)
FF&E: $150,000 (Included in Asking Price)
Real Estate: $475,000 (Not Included in Asking Price)
Seller Financing: Seller financing available, plus floor planning from manufacturers
Business Summary
This multi-line dealership has an excellent reputation in the community. Offering the most popular brands of motorcycles, ATV’s, PWC, snowmobiles, as well as commercial and residential lawn mowing equipment and small tractors. It also sells a full line of accessories and provides full service for all the products sold by the dealership. In the same location for over 40 years, the existing staff is extremely knowledgeable and dedicated. July 2008 sales are up 17%, over 2007 and profitability is up over 200%. The property is available for an additional $475,000, may be purchase outright, or by land contract for the highly qualified buyer. This is an excellent opportunity for a buyer that has the desire to buy an excellent growing business.
About the Business
Year Established: 1966
Employees: 8 full time - 8 part time
Franchise: Yes
Facilities: 12,900 SF on about 8 acres
About the Sale
Management Training and Support: Provided
Reason For Selling: Retirement

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Listing Tools
BizQuest ID:848012
Seller ID:gwt
Business Listed By
Name:Glen Toadvine
Company:MarketPoint Associates, LLC
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