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