Powersports Dealership for Sale

Asking Price$600,000

Cash Flow
$166,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$7,800,000

Inventory$250,000
Included in asking price
FF&E$181,000
Included in asking price
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Powersports Dealership for Sale


Asking Price$600,000

Cash Flow
$166,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$7,800,000

Inventory$250,000
Included in asking price
FF&E$181,000
Included in asking price
Business Description
Powersports East has a long-standing reputation for delivering exceptional customer service. This reputation for excellence has resulted in superior customer loyalty, with a customer list numbering in excess of 50,000 and an email list of over 10,000 customers.This culture of excellence has also resulted in long-term franchise relationships with key industry players, including Honda, Yamaha, Suzuki, Kawasaki, Kymco, and Royal Enfield.

Experienced staff with extensive industry knowledge are capable of running the business at an exceptional level with minimal owner supervision. Management turnover is low. Sales manager, service manager, parts manager and office manager have long tenures and are reliable, excellent performers.

Creative marketing engages customers with Open Houses, Bike Nights, Seminars, Fashion Shows, Stunt Shows, and Bike Contests. Social marketing is handled by a contracted service. Marketing of vehicles is done online through our Powersports East website as well as Cycle Trader, Instagram, and Facebook Marketplace.

Powersports East has a well-run and competitive consignment program for bikes and accessories which has enhanced the business opportunity for used bikes.

Mission Statement:
AT POWERSPORTS EAST, YOUR FUN IS OUR BUSINESS. OUR PROFESSIONAL STAFF PROVIDES EXCELLENT PRODUCTS AND SERVICES TO OUR FAMILY OF POWERSPORTS ENTHUSIASTS. WE DEVELOP OUR CUSTOMER BASE BY HAVING HELPFUL AND KNOWLEDGEABLE STAFF, EXTREMELY RELIABLE PRODUCTS, AND A FRIENDLY CONSUMER ENVIRONMENT. ALL OF THESE COMPONENTS CONTRIBUTE TO ITS PROFITABILITY AND RECOGNITION AS A REMARKABLE DEALERSHIP. POWERSPORTS EAST IS A FUN PLACE TO BE.
About the Business
Years in Operation
41
Employees
24 (22 Full-time, 2 Part-time)
Franchise
This business is an established Honda, Kawasaki, Yamaha, Suzuki, Kymco, Royal Enfield franchise
Facilities & Assets
FFE = $851,527 - depreciation = $181,000
OWNED INVENTORY = $249,000
INSURANCE BOOK = $20,000
GOOD WILL = $150,000
Website
https://www.powersportseast.com/
Market Outlook / Competition
Delaware has no sale tax so it is a great market for untitled off-road vehicles such as dirt bikes, ATVs and Side by Sides. Our nearest competitor in Delaware is over 40 miles away. We have good working relationships with all our competitors in DE, NJ, MD and PA (our market area). We are located one mile from Rt. 1 with significant drive by on Route 40.
Opportunities for Growth
Parts and Service are areas for growth.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
23,200
Rent
$17,000.00 per month
Lease Expiration
12/22/2031
About the Sale
Seller Motivation
Want to retire after 41 years running the dealership.
Transition Support
In person training for 4 weeks. New owner should be a motorcyclist since it is a plus to be passionate about your business.
Listing Info
ID
2421976
Listing Views
Attached DocumentsAttachment Disclaimer

Financials 2021-2022 - 2023-2024.xlsx

Business Location

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Business Listed by: Lynn Nathan

Listing ID: 2421976 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 of Use. Learn how to avoid scams.