New and Used Powersports Dealer - 35545

Financing

$450,000 Down and $300K @6% over terms TBD.

Business Description

New and Used Powersports Dealership for sale in the Hudson Valley. Sales up from $1.7 mil in 2020 to $1.9 mil. in 2021 and $2 mil in 2022. Only open 5 days. Tu-F 9am-5pm, Sat. 9am-3pm, Closed Sun & Mon. This business is full service, offering an 8,500 sq. ft. facility including a full showroom, full repair shop and accessories. The pandemic caused many to flee the NY metro area and relocate to the Hudson Valley. Many of them have become new customers and are not leaving. That has led to a growth in gross revenue for the past year of approx. $2,000,000.00 and an owner's cash flow of approx. $250,000.00. Inventory levels have finally caught up to demand with minimal backlogs. Most inventory is pre-sold before it even arrives to the showroom. The business is fully staffed with 5 F/T and 5 P/T employees. The owner is looking to retire and will offer a lease with an option to buy the property, a first right of refusal or an outright property sale. If rented, the lease would start at $5,000/mth for a well-qualified buyer. If you are seeking seller financing for the business purchase alone, you must be financially qualified buyer with at least $772K in liquid funds to cover the $450K down payment and approx. $332K in inventory. Additional vehicles can be financed through floor planning. To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.