Tractor, Motorcycle, ATV, Snowmobile and Accessory Dealer! (38009)

Maine

Seller Financing Available

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Asking Price:$1,995,000
Gross Revenue:$5,016,260
Rent:$6,132/Month
FF&E:$100,000
Cash Flow:$360,006
Inventory:$1,530,000
EBITDA:$263,048
Established Year:1970
BUSINESS DESCRIPTION

Located in Northeast Maine, this retail business is an authorized dealer for new and used name-brand motorcycles, all-terrain vehicles (ATVs) and tractors, as well as related quality implements and attachments. Carrying equipment such as buckets, mowers, tillers, balers, spreaders, and aftermarket parts, the company also provides specialized maintenance, repair service, and offers warranties. Found in top condition and available for optional sale, triple-building property totals 15,000 square feet, complete with showroom, storage areas, and an office; lease available for $6,132 per month. The business is recognized as a top-ranking dealer in the country with a foundation backed by an excellent reputation for quality and reliability. The strong, cross-trained team of eleven nonunion employees are likely to stay on board post-sale and continue operations. The involved ownership is flexible to facilitate a smooth transition. With $4,900,000 inventory, approximately 38% is paid inventory, the remainder is floorplan inventory which the new ownership will need to pick up through a loan. All Parts, Accessories, Tools, Equipment, and Signs are included in the sale. The revenues reached $5,016,260 in 2023 with Discretionary Earnings of $360,006 and EBITDA values up to $263,048! Boasting high online ratings and ideal client concentrations, no individual consumer makes more than 2% of the annual income, allowing flexibility for optimization through strategic expansions, new partnerships, and advertising. With an informative website, online engagement in social media, and verbal referrals from their large, repeat customer base, aggressive marketing programs would maximize their outreach. Call today for full details!


DETAILED INFORMATION
Location
Maine
Inventory
Included in asking price
Real Estate
Leased
Building SF
15,000
Employees
11
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Separate Inventory valued at $3,373,000+/- with Floorplan of $3,031,000+/- plus Implements & Tractors of $343,500+/- are not included in Sale and can be purchased additionally.
Financing
Standard SBA-term financing will be negotiable for qualified buyers.
Support & Training
Cross-trained team can continue operations after involved ownership facilitates a flexible, smooth transitioning.
Reason for Selling
Approaching retirement.
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Jason
Hullender
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Jason Hullender