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. Trending up again in 2023! 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. They carry a wide variety of brands, including Kawasaki, Arctic Cat, Kimco, Argo, Stark, Buel, Triton Trailers and Generac generators. In fact, they just added two lines of electric dirt bikes from Stark and Buel. That has led to a growth in gross revenue for the past year over $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!

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