Listing ID: 6643
Well established motorcycle and power sports dealership available for purchase.
- Asking Price: $600,000
- Cash Flow: $130,000
- Gross Revenue: $4,950,000
- EBITDA: $67,000
- FF&E: $100,000
- Inventory: $315,000
- Inventory Included: N/A
- Established: 1975
- Building Square Footage:20,000 Sq Ft
- Furniture, Fixtures and Equipment:$100,000
The business operates from a 20,031 SF building situated on 2.548 acres on a major thoroughfare. The real estate is available for purchase with instant equity potential for the buyer. The real estate purchase price is not included in the asking price shown above. The Seller would strongly prefer the Buyer purchase the real estate along with the business. The combined asking price for the business and real estate (including $315,000 of inventory and $100,000 of FF&E) is $2,250,000. The estimated value of the real estate alone is $1,850,000.
The owner is willing to provide up to 30 days of training as part of the acquisition price.
The business provides new equipment sales for two major product lines, it has an active service department, a finance department and a parts and accessories business.
The company was started in 1975, making the business 45 years old.
The sale will include inventory valued at $315,000, which is included in the requested price.
Additionally, Furniture, fixtures and equipment valued at $100,000 is included in the listing price.
The business has 14 employees and is located in a building with approx. square footage of 20,000 sq ft.
3 Things to Consider When Researching Dealerships - Auto, Truck, Motorcycle for sale in Georgia
Purchasing a business is one of the most significant choices you will make in your lifetime. Selecting carefully can result in significant financial benefits for you, your loved ones, as well as your retirement. Nevertheless, in order to make an appropriate decision, you need to think about several points.|In order to make a proper decision, you need to think about numerous points.} Below are 3 important things to think about prior to acquiring an organisation in Georgia.
Why is the Current Owner Selling The Business?
There are all kinds of reasons people choose to sell Dealerships - Auto, Truck, Motorcycle. Nonetheless, the genuine reason vs the one they tell you might be 2 absolutely different things. For instance, they may state "I have too many various obligations" or "I am retiring". For lots of sellers, these factors are valid. But, for some, these might just be excuses to try to hide the reality of transforming demographics, increased competitors, current reduction in revenues, or an array of other reasons. This is why it is very essential that you not rely absolutely on a seller's word, however rather, use the vendor's response combined with your total due diligence. This will repaint a more sensible picture of the business's current scenario.
Existing Debts and Future Obligations
If the current entity is in debt, which numerous companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of Dealerships - Auto, Truck, Motorcycle take out loans with the purpose of covering items such as inventory, payroll, accounts payable, and so on. Remember that occasionally this can indicate that revenue margins are too thin. Lots of companies fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future commitments to take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with vendors that must be met or might result in fines if terminated early.
Understand the Customer Base, Competition and Area Demographics
Just how do Dealerships - Auto, Truck, Motorcycle in the Georgia area bring in new consumers? Most times, Dealerships - Auto, Truck, Motorcycle have repeat customers, which develop the core of their everyday earnings. Particular variables such as brand-new competition growing up around the location, road building, and personnel turnover can affect repeat customers and negatively influence future earnings. One essential point to consider is the location of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Undoubtedly, the more individuals that see the business often, the better the chance to build a returning client base. A final idea is the general location demographics. Is the business placed in a largely populated city, or is it situated on the edge of town? How might the regional mean household earnings influence future earnings potential?