Seeking Retirement $12 Million Revenue Asset Sale For Sale

Business description

For sale is an RV dealership in Washington. The primary owner is 76 years old and has health issues. He wishes to sell his business and finalize his estate plans.

The 2007 year end sales volume was $11,250,000. So far this year sales are up 16% from last year despite passive ownership. The facilities are newer and in excellent condition. The building is 13,000 square feet with 8 service bays and has plenty of room to expand. The business sits on 5 acres located in an extremely high traffic, easy access area just off of a major freeway. This area is also a high growth area in eastern Washington.

The owners are willing to provide an additional 3.61 acres of adjacent property at the buyer’s option at the time of sale. The business is priced for a quick sale which consists of land they are selling at $7.50 per square foot, which is below the market value of $9 a square foot, and the building and improvements at cost equaling together approximately $4,010,500 plus the purchase of inventory at cost. The owner is not asking anything for the ongoing business, its present sales volume, its customers, or its good will. The sale price is 100% asset based.

Property information

Real Estate:

Real Property Included

Location:

The business is located in a high traffic, highly visible Interstate location with new developments emerging in the area. The property value is constantly increasing.

Other information

Expansion potential:

Enormous expansion potential by increasing local marketing, building can be expanded to support expansion, selling RVs nationwide through the Internet, improving website, and reach the entire United States.

Support & training:

The buyer will receive 75 hours of website and Internet marketing consulting to assist with expanding the Internet presence.

Reasons for selling:

Owner has health issues and wants to retire.