Vespa Dealer: High-Profit, Luxury Brand Retailer
Location New York,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $3900000
Net Profit / Cash Flow $544293
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 10 - 19
Inventory 549476
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training The ownership will provide up to 60 days of training, inclusive of the asking price.
Reason for Sale Owner seeks career change.
Description Clear Rock presents for sale the nation s number one Vespa Dealership. More than a sexy toy, this company generates a very solid profit for the owner- over $540k in 2006 - with significant upside growth potential. The Company has enjoyed increasing sales and margins every year, establishing itself as the #1 volume leader in the nation. Furthermore, the Vespa motorscooter has been the sales leader for all motorscooters in the New York / New Jersey metropolitan area since 2004, despite being in the U.S. market for only 5 years. The business is priced at $1.7m ($1.5m cash + 200k earn out over the next 3 years). Contact for more information on this Vespa Dealership for sale.
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