Established Profitable RV Dealer in Pacific Northwest

Seller Financing Available

INVESTMENT HIGHLIGHTS

• High traffic location off I-5 with room to grow and add products.
• Route 66 RV Network Member
• Family owned and operated since 1976.
• Great brands from Open Range and Forest River
• Established and profitable service and parts department
• Owner financing options with 10% down

DESCRIPTION

Our client (“PNW RV”) is a leading, full-service RV dealership, family-owned and operated since 1976. They are well known for delivering exceptional customer service in a welcoming, family-centric business environment. As a proud member of Route 66, America’s most extensive RV dealership network, PNWRV commands a significant presence in the Pacific Northwest

PNW RV presents a great opportunity to acquire and expand a recently established location, benefiting from a dealership database with over four decades of history, all at an attractive entry price. Despite $1.5M in net operating income, the purchase price is calculated based on the fair market value of assets, incorporating no premium for the location's goodwill. The transaction includes all current inventory and assets essential for generating revenue from day one. It offers a fully integrated, turnkey operation that includes new and used RV inventory, parts, service, and sales.

Located off I-5 with 60,000+ cars passing by daily, 5 acres (possibility to lease more), 3,600 sq ft showroom, 4 service bays, and 1 detail bay. Real Estate is under a five-year lease at $15,200/mo., with 48 months remaining.

The company has 15 full-time employees, including three full-time sales professionals.

As of October 31, 2023, the company has generated $3.88M in RV and Finance sales, $691K in service revenues, and $262K in parts for a total revenue of $4.8M. As a result, the seller projects 2023 revenues to be $5.8M and net operating income to be $1.5M

The company’s owners retained Jackim Woods to sell the company so they can retire. The owner who leads the sales & marketing efforts is willing to help the buyer on a part-time basis for a transition period. Floorplan financing is available for new and used inventory, and the seller is willing to finance a portion of the purchase price.

A detailed offering memorandum is available to qualified principals upon receipt of the attached nondisclosure agreement.