Lifestyle Business Motorsports Dealer For Sale

Business description

Recent significant price discount – Seller is extremely motivated to retire and will consider creative offers. Option to purchase Real Estate also available. A “Lifestyle” business opportunity, this Company has an exclusive, protected territory and sells a variety of motorsports equipment including sportbikes, motor cross, cruisers, Off-Highway Vehicles (OHVs), ATVs quads, side-by-sides (SXSs), 4 x 4’s and personal watercraft (PWCs). This wide array of products allows the Company to serve a diverse cross section of customers and, since its inception in 1989, it has been a leader in both land and water-oriented motorsports sales in the area. More than 90% of the Company’s 10,000 customers are repeat buyers and it dominates 79% of the market area with its primary bike brand.

The Company’s well-located store is on a fenced-in corner-lot location near a highly travelled freeway. It contains 40,000 square feet, allowing plenty of room for expansion. The site includes a modern building of 8,500 square feet containing a show room, service center, warehouse and corporate offices. Because of the owners’ experience and reputation, the Company’s primary motorcycle manufacturer initially invested more than $300,000 in improvements to the business under the last pilot program it implemented in Southern California. The site’s capacity for on-site storage saves at least $40,000 per year compared to its competitor’s locations. With its outstanding Parts, Accessories and Service Departments, the Company retains a loyal and consistent customer base and a strong reputation in the industry. The immediate market area is densely populated, from middle class to a high-end upscale population.

The new owner will benefit from the fact that experienced Sales, Parts and Service Managers are in place and willing to stay with the business. The Company rises above competition not only with its sales volume, but also through its community involvement -- by offering custom bikes, charity rides, sales promotions and other events. It is the only L.A. Chapter and sponsoring dealership for its primary motorcycle brand. Revenues have continued to increase every year, yet there are additional opportunities for growth by expanding the used bike and rental programs, which can add several hundred thousand dollars in annual revenue almost immediately. Additional revenue can also be obtained by adding other lines of compatible products and accessories and expanding the current website marketing program.

The ideal buyer is likely a motorsports enthusiast, perhaps one with experience as a dealer. The business can provide a good family legacy opportunity as well.

Property information

Real Estate:

Lease

Location:

8,500 sq ft building.

Other information

Support & training:

Seller will provide training.

Reasons for selling:

Retirement

Trading hours:

9-7 Mon-Sun

Financing available:

Seller will negotiate financing.

Furniture / Fixtures value:

$413,000

Inventory / Stock value:

$222,000

Contact the seller