Listing Number: 3233-178730
**Increased sales/marketing staff, reduced local competition increased gross sales by $2 million (69%) to $4.9 million, doubled seller's discretionary earnings to $407,000**
**Similar sales expected in 2021 with higher profits**
**Pre-approved for financing to qualified buyers!!**
A well-established (since 1969), turnkey motorsports dealership representing multiple top brands in the industry is ready for its next owner.
Key investment considerations:
* Excellent location with solid reputation.
* Top performer among the well-known brand name it represents in both sales and service.
* Growing and profitable business.
* Added product line, reduced local competition and increased sales/marketing staff doubled profitability this year versus last.
* Positive growth potential in a strong industry niche.
* Asking price includes property (1.5 acres) with building (11,800 sq. ft.), both attractive in appearance in a commercial area with high traffic.
* $687,000 inventory included.
Dealership includes related parts, accessories, apparel and service to product lines. Owners have earned a solid reputation with customers, vendors and have become a great community staple. What sets them apart is their technicians are factory-trained at a top GOLD level to provide superior service to its customers.
Revenues for the seven months ended July 31, 2021 were $2.8 million and presold units at August 1, 2021 were 59 that is expected to add $1.3 million in sales for units over the next 10 to 12 weeks along with approximately $180,000 in related accessories for all. New sales are averaging 20 per month.
Financing is pre-approved for qualified buyers and owner will provide up to 90 days of transition/training services.
- Price: $ 2,600,000
- Down Payment: $2,100,000
- Sellers Discretionary Earnings: $ 407,659
- Total Sales: $ 4,922,754
- Location: Illinois
- Inventory: $ 650,000
- FF&E: $ 100,000
- Employees: 8
- Reason for Selling: Pursuing other interests.
- Category: Motorcycle