Profitable Motorcycle Dealership
Not Disclosed, MD Not Disclosed
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- RE: Profitable Motorcycle Dealership
- Contact: Ken Pokorny
Quick Facts
| Asking Price: | $2,000,000 | |
| Annual Revenue: | $11,703,025 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $558,660 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $404,310 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1981 | |
| Employees: | 30 | |
| BBN Listing #: | 944642 | |
| Broker Reference #: | 6004-18314 |
Business Overview:
This is a premier motorcycle dealership offering more than just new and used motorcycles, service, parts, accessories, and apparel sales. This mid-Atlantic region location is also a #1 resource for information on motorcycle events to attend, scenic roads to travel, breaking industry news, the latest and greatest products for motorcyclists. From rare vintage motorcycles to servicing, restoration; to acquisition and enjoyment of the newest models; to the accessories and riding gear that allow a rider to truly enjoy his or her motorcycle, to the utmost in motorcycle enjoyment; all can be found under the roof of one of the country's most exciting, friendly, and fun destination dealerships.
They offer new and used motorcycles as well as parts and services. The dealership has sold over 9,000 motorcycles and well over 3,000,000 individual parts, new and used accessories, apparel, and riding gear. Over the past four decades, this dealership has become a household name not only in their region, but on the national and international stage as well. The business has established a strong and favorable relationship with leading Motorcycle Manufacturers.
They recently launched a new luxury product line in 2023, a rental program is scheduled to launch in 2024, and they are primed for physical expansion. (Ample land for expansion (could easily add 10K SF)
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Property Features and Assets:
The dealership is located in a 16,635 square feet facility with a 1,400 square feet upper and main mezzanine. The current monthly rent is $21,813. The property is available for sale by the owner.
Assets = $3,875,628
Market Competition and Expansion:
There are only three competitors in the area within reasonable driving distance to this dealership. Located in the mid-Atlantic region of the U.S. has become a household name not only in their region but on the national and international stage as well.
A new owner could increase sales of all products, add additional services, add rentals (current owners are working on this now), add technicians and mechanical services, expand and refresh the website and e-commerce operation (working on this now as well), and finally expand the existing facility to make it more efficient.
Reason for Selling:
Owners wish to retire.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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