Description This 2-year old national franchise includes the entire Las Vegas market territorial rights, 5 motor cycle and scooter brands, including a Tier 1 motor cycle brand. The owner has another successful store in another market and has found splitting time between the two locations is not good for his business or family. This 14,000 sq. ft. location has a stunning showroom and excellent end-cap visibility on one of the busiest freeways in the Las Vegas market.
This turnkey operation has 10 fully-trained employees who are known for their exceptional customer service. This has earned the business a 5 stars out of 5 stars rating on Yelp. The nicely-designed and well-promoted website is included in the sale.
This business is expected to generate over $3.7 million in 2014, with a 5.7% annual cash flow margin. Inventory is floor-planned and may be picked up by the new owner. Approximately $187,000 of additional inventory is not included in the price. The average comparable large motorcycle dealership sold for an average of 3.7 times the annual cash flow. This profitable dealership is priced at a 3.26 multiple. The Seller will provide training and orderly turnover, after the close of escrow.
Sunbelt Business Brokers of Las Vegas, Inc. is co-op this listing with BTI Group, a Nevada Real Estate Licensee; the listing broker. Interested in learning more? For a complete presentation, including a valuation, please contact Len Krick, Broker, at 702-856-4701.