Primary Category:Other Automotive & Boat Businesses for Sale
Central Michigan Multi-Line Powersports Dealership - This long-established, family-owned dealership has enjoyed a multi-decade presence in its market area, selling a full line-up of powersports vehicles - Motorcycles, ATVs, UTVs, Scooters and Snowmobiles, as well as power equipment, a broad selection of parts, accessories and apparel, and service. Brand representation is diverse, allowing for many different vehicle types and consumer price points. Michigan is a outdoor enthusiast state, where the vast public riding opportunities drive a consistent demand, regularly putting Michigan in the top tier of USA powersport vehicle registrations each year. And people returning to outdoor activities in vast numbers over the past several years only further stokes the fire!
A consistent performer, the dealership delivers top-line revenue in the $5MM range, and has achieved over $358,000 in average Seller's Discretionary Earnings over the past three years. The sellers' decision to retire now affords a new owner to enter into a seasoned and well-known dealership, with experienced personnel and best practices allowing for profits for years to come!
This opportunity is brought to you by Powersports Listings Mergers & Acquisitions - exclusively serving the powersports industry nationwide! Visit us on the web at www.powersportslistings.com, and call our offices at 800-399-4654 x105.
Financial Information
$1,575,000
Asking Price
$358,000
Cash Flow
$5,000,000
Gross Revenue
N/A
Down Payment
Business Location
City:
Central
State:Michigan
Reason for Sale
Retirement
Detailed information
Year Established:
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
$358,000
Inventory Included: Yes
Inventory Value:
$540,000
Monthly Rent:
N/A
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
$1,750,000
FF&E Included?: Yes
FF&E Value: $140,000
Training/Support
Seller and OEMs will facilitate transitional training for new ownership. Seller will stay on for a reasonable time, as desired, to ensure a smooth transition.
Facilities
Attractive and spacious facility with excellent access and visibility.
Market Outlook/Competition
General powersports dealer competition would be considered average for the area, with like-branded competitive climate favorable.
Real Estate Description
Attractive and spacious facility with excellent access and visibility.
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