Motorcycle Shop
Location Utah,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2898122
Net Profit / Cash Flow $275969
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1998
Number of Employees 6 - 9
Inventory 375000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Up to 80 hours.
Reason for Sale Family illness.
Description This established full line specialty motorcycle shop for sale sells heavyweight, touring, custom, and performance motorcycles, as well as a line of motorcycle parts, accessories, clothing, and collectibles. The Company is the exclusive Utah dealer for a line of custom bikes and has rights to open additional dealerships throughout the state. Management believes the fast growing St. George metropolitan area in Southern Utah would be a profitable and logical place for the next expansion.
While new motorcycle sales have increased steadily since the company acquired their dealership rights, the fastest growth has been in the higher margin used motorcycle segment. The Company has also successfully launched an internet parts distribution channel which led to a 200+% increase in parts sales in 2005. With the ever-increasing popularity of their brand combined with the high growth in used motorcycle sales and growing internet part sales, the Company projects to steadily increase its revenues in the foreseeable future. Seller financing is negotiable for a qualified buyer. Asking price is $1,200,000.
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