New And Used Powersports Dealer In Ulster County For Sale

Overview

  • Business services, Services
  • Property Type

Description


New And Used Powersports Dealer In Ulster County For Sale

Ulster County,
New York, US

Asking Price:

$750,000
Sales Revenue:
$2,000,000
Cash Flow:
$250,000

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. 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 to discover the difference that is Vested Business Brokers.

Business Operation

Reasons for selling:

Retirement

Employees:
5FT/5PT
Years established:
2012

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

450,000.00 Down & $300K @6% over terms TBD.

Furniture / Fixtures value:
$150,000
Inventory / Stock value:
$322,000



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Address

  • City Hong Kong

Details

Updated on March 18, 2023 at 11:43 am
  • Property Type: Business services, Services
  • Property Status: For Sale, New Listing

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