Power Sports Dealership & Repair Service
Location: United States -> Wyoming
Industry: Retail > Other Retail
Businesses for sale Summary
This power sports dealership for sale has been providing excellent sales and service for off-road recreational vehicles including a full line of Arctic Cat snowmobiles and ATVs, and Polaris ATVs. The business also sells multiple brands of utility trailers including Big Tex, Voyager, and Wells Cargo Enclosed Trailers. The retail showroom complements the recreational vehicle sales by carrying a full line of parts and accessories, and a wide selection of retail merchandise including Klim clothing and Dragon eyewear. Throughout the years the business has won numerous dealership awards, most recently the prestigious 2007 Arctic Cat Gold Snowmobile Dealer of the Year award. The business has a solid customer base and their loyal following generates a strong repeat business.
Real property is not included in the sale; however, the current owners are willing to negotiate an acceptable lease based on the expense guidelines of the third party appraisal procured by the owners prior to the sale of the business.
The area has spectacular scenery and an abundance of
outdoor recreational activities, and is renowned for its excellent hunting and fishing.
Who should inquire about this business? Those with ATV/snowmobile expertise, a love of the outdoors and who also have a management background. You should have available cash of at least $78,000 for down payment funds and working capital. An additional home equity lineof credit would be helpful. The Buyer will need excellent credit to qualify for an SBA loan for the majority of the purchase price. The Seller may provice a limited amount of Seller financing.
Financials
Asking Price Range: $500K – $1.0M
Gross Revenues: $3,268,611
Cash Flow: $193,876
Cash Flow Type: Sellers Discretionary Cash
Inventory: $273,500
Seller Financing: Yes
About The Business
Year Established: 1980
Number of Employees: 6 – 9
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: The owners will provide four weeks of training.
Reason For Selling: The husband & wife owners wish to retire. They are Very Motivated to help the right party acquire the business. Be sure to ask about the floor plan requirments.
