The acquisition of this multi brand dealership is an exceptional opportunity to own a dominant powersports dealership in New England. With an expected $10 Million in revenues and most major brands represented, this business has numerous investment advantages. Competition is very limited in the immediate area. The staff is well trained, loyal and the key people are experienced and have longevity. The types of equipment sold are counter seasonal so that all four seasons produce income. Its location is considered excellent and very accessible to the customer base. The property itself provides for storage, showrooms, service bays, parts inventory, offices and a demo area. While the current owner does oversee the business, the fact that he operates another substantial business suggests that a focused owner could significantly improve the dealership. This attractive, multi brand dealership is being offered for $1.5 Million plus inventory ($2.5M). Assumption of floor plan inventory ($2M) is anticipated. While the real estate is not part of the package, the seller does own it and will consider a lease, a lease purchase or an outright purchase of the property.
About the Business
Number of Employees:
The business is well located on main thoroughfare. The 12,000 square foot building sits on a two acre lot. The building contains a showroom, a four bay service area, a parts room, offices and storage space. There is another storage building on the site as well as a fenced in outside storage area. The parking lot has lots of space and has easy ingress and egress for customers and deliveries. Part of the parking area is used for outside displays. The lot is also big enough to contain a small test area where customers can demo the product before purchasing it.
The dealership has a full complement of equipment, tools and displays to fully service the business. The four bay service department has a variety of diagnostic equipment for its technicians to build and repair the power equipment. There are numerous display racks, shelves and sell through devises to assist is the display and sale of equipment and accessories. The parts department is fully racked and inventory is digitized for control and access. The showroom has cubicles for the salespeople. The administrative area contains the requisite office equipment and furniture.
Competition is this segment of the market is extremely limited as this dealership dominates the market. No other dealers compete in the market.
Growth & Expansion:
• The addition of other power sport and power equipment lines that complement the business. • Increased marketing. • Use PR to introduce new products and models – many of which are exciting new look products. • Better use of social media. • Event promotions and community involvement. • Acquisition of other dealerships
Seller has other, more significant business he wants to concentrate on.
Seller will provide training and customer introductions as needed but it is important to note that there are key people running each department as well as an experienced general manager.
Seller will consider some limited financing depending on deal structure
Ad Detail Views:
Asking Price: Not Disclosed Gross Revenue: $10,000,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $5,000,000 not included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.