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Business for Sale Summary

Powersports Dealership w/Property for sale in NY - 33847

Business Type: amusement parks/arcades/recreation,auto/truck mechanical repair,business with property available,electronics & technology,entertainment,equipment rental and sales ,misc. retail/non-classifiable,non-classifiable establishments,other personal services,seller financing available,sporting goods/ exercise/ gyms,automotive dealers/ auto retail
Owner Financing
Powersports Dealership w/Property for sale in NY
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Financial Information (non-confidential)

General Information
Asking Price $650,000 Down Payment $425,000
Gross Revenues $1,900,000 Lease Remaining Register Free to View
Owner’s Cash Flow $250,000 Number of FT Employees Register Free to View

Financing

$425,000 Down and $225K over 3 yrs. @ 6% for a buyer with good credit and experience.

Business Description

New and Used Powersports Dealership and Property for sale in the Hudson Valley. 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 has caused many to flee the NY metro area and relocate to the Hudson Valley. Many of them have become new customers. That has led to a growth in gross revenue for the past year of approx. $1,900,000.00 and an owner's cash flow of approx. $250,000.00. Even better, the 7 acre property is also available for sale for an additional $1.2 million through PMTG Realty. 2 acres are zoned commercial and 5 acres are zoned residential. Outside of the business, there is an opportunity to develop this property. The business is fully staffed with 4 F/T and 4 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. Many buyers with experience, good credit and collateral may qualify for SBA funding with the purchase of the business and property as a package. If you are seeking seller financing for the business purchase alone, you must be financially qualified buyer with at least $725K in liquid funds to cover the $425K down payment and approx. $300K in parts and apparel 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.