Businesses For Sale > Business For Sale in Maryland (MD)
Profitable Motorcycle Dealership for sale in MD
Maryland (MD)
Asking Price: |
Gross: |
Cash Flow: |
$ 4,900,000 |
$ 11,703,025 |
$ 558,660 |
Furniture and Fixtures Value:
$ 404,310 (included in the asking price)
Inventory Value:
$ 3,228,475 (included in the asking price)
Real Estate:
(not included in the asking price)
Business Summary:
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.
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Year
Business was Established: 1981 |
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Number of Employees:
29 FT/1 PT |
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Facilities / Terms of Lease:
The dealership is located in a 16,635 s.f. facility with a 1,400 s.f. upper and main mezzanine. The current monthly rent is $21,813. |
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Potential
Growth/Expansion:
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.
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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Competition:
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. |
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Owner
willing to train:
Will train for 4 weeks @ $0 cost. |
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Reason for selling:
Owners wish to retire. |
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Seller Reference Number: 6004-18314
BusinessMart.com Listing Number: 308614 |
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To request more information
on this business
please fill out the form shown right
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For
more info contact:
Evelyn Correa
Murphy Business & Financial Services
727-725-7090
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