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Businesses For Sale > Business For Sale in West Lakeshore, Michigan (MI)

Custom Recreational Vehicle Outfitter for sale in West Lakeshore, MI

West Lakeshore, Michigan (MI)

Asking Price: Gross: Cash Flow:
Undisclosed $ 6,569,968 $ 1,219,557

Inventory Value:
$ 3,021,061 (included in the asking price)

Real Estate:
$ 720,000 (included in the asking price)

Business Summary:

This opportunity is an Custom Recreational Vehicle Outfitter for sale based along the West Michigan lakeshore. The Company provides a wide array of products and services ranging from trailers to golf carts to truck accessories and repair services. The Company maintains a brick-and-mortar location, however, benefits from a growing portion of its revenue from e-commerce sales. The Company closely analyzes trends in demand to quickly pivot its diverse product base to ensure resources are devoted to only the most profitable and popular products.

The Company was founded over 55 years ago by the current owners’ grandparents. The two current owners are active in the day-to-day operations of the Business and are responsible for pricing and vendor relationships as well as strategic decision-making. The Company employs ten other employees handling all aspects of sales and office duties.

The two owners wish to divest the Business to spend more time with family and pursue other business ventures. One owner is willing to provide reasonable and customary transition assistance and is committed to supporting the Company’s continued growth throughout a transition period. The other owner is happy to continue short-term/long-term in a day-to-day role supporting ownership.

The Company’s facility is owned through a related entity and is well-maintained and in excellent condition. The owners are flexible about the sale or lease of the real estate with the Business.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the email cannot be found, please email [email protected] and request a PDF version.

Once we receive your NDA and answers to some basic questions, the Confidential Information Memorandum (CIM) will be sent to you by the project manager.

IF YOU DO NOT RECEIVE A FOLLOW-UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR JUNK MAIL FIRST. If you do not see the email there, please email [email protected] for support. Thank you in advance!

 

   
Year Business was Established: 1967
   
Number of Employees: 10  
   
Facilities / Terms of Lease:
The Company operates out of two facilities totaling 18,266 square feet. The buildings are close to each other and contain space for the retail store, service shop, and warehouse.
 
   
Potential Growth/Expansion:
Growth Opportunities Include:

(1) Geographic and E-Commerce Expansion: The Company’s shift towards online sales over the recent years has opened the opportunity to expand sales beyond a limited geographic reach. The Company’s sales are still largely centered in West Michigan and could be expanded across the state.

(2) Favorable Technology Trends: Increasing automobile innovation is prompting domestic brands to switch to trucks, SUVs, and cross-overs, as well as electric vehicles, which could expand the Company’s sales by targeting product lines towards these vehicles and technologies.

(3) Create Email Marketing Campaigns: Email marketing campaigns keep the Company at the top of customers’ minds. The Company routinely captures and stores customer contact information through its advanced software systems and could use this contact information to send out regular communication through integration with its existing systems.
 
   
Competition:
Investment Highlights Include:

(1) Efficient Inventory and Service Management Systems: The Company’s state-of-the-art point-of-sale system keeps accurate tracking of all inventories for an extensive product base for both in-store and online sales. This system tracks customer demand and allows the Company to quickly pivot its resources to the most popular and profitable product lines.

(2) Multiple Sales Channels: A diverse array of product lines allows the Company to service the needs of a wide range of customers. The Company’s products and services are not tailored to one specific demographic, providing stability from fluctuations in demand.

(3) Robust Website Platform: The Company’s modern website is easily navigated and showcases the Company’s entire catalog with specific details.

(4) Extensive Service Options: Along with the Company’s physical products, the Company also provides repair services and service packages to keep customers in-house for all post-sale needs.
 
   
Owner willing to finance:
Limited Seller-Financing Available for Qualified Buyers.
 
   
Owner willing to train:
Ownership is willing to provide reasonable and customary transition assistance.
 
   
Reason for selling:
Ownership wishes to divest the Business to spend more time with family and pursue other business ventures.
 
   
Seller Reference Number: 169
BusinessMart.com Listing Number: 290286
 

 

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For more info contact:

Matt Baas

Small Business Deal Advisors, LLC
844.889.7232

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