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the only business brokerage in New York's Adirondack Region devoted exclusively to the sale and purchase of businesses. |
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This business specializes in the sale of high-ticket recreational equipment. It has a 28-year history of successful sales and service and represents several brands that provides the consumer with a clear choice.
WHY BUY?
* Excellent Reputation
* Significant Asset Base as part of sale
* Located in very desirable area
* Trained and loyal staff
* High quality brand names .
* Good repeat business.
* Excellent time to buy
* Fun product line
The business operates from an owned building with significant acreage on a major thoroughfare. It includes a retail showroom, offices, parts area and large service bay.
The trained staff has considerable experience and longevity with the business. There are only 4 full time employees and 7-10 seasonal employees.
There are 3 comparable competitors in the immediate area.
The business attracts customers with a passion for recreation and reasonable disposable income to afford the high-ticket items being sold.
FINANCIAL:
The business has built sales to the $1.7 to $2.0 million level. Revenues come from a diversity of sources that include new products, used products, service, parts and accessories. While sales have slipped over the past two years, the industry appears to be poised for a rebound as the economy starts to improve. The sales in 2005 were at the $ 1. 9 million level, and have recently stabilized at about a 2008 amount of $ 1,622,000 which is also the new owner’ first year pro-forma target. Cash flow to the owner has grown from $ 200,000 to an anticipated EBITDO (earnings before deprecation, interest, taxes and owner’s take out) of above $ 250,000.
SUMMARY, PRICE and TERMS:
This recreational products dealer represents a great opportunity to own a significant business that sells and services fun products. It has a dynamic location, trained employees, a diverse mix of revenue sources and a model for success. Revenues and cash flow are both significant and will provide excellent long-term returns on investment. This highly reputable dealership is attractively priced at $1,800,000 plus inventory estimated at $150-175,000. CBI estimates an equity investment of $400,000 with the remainder financed through banks.
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About Us |
Buyers | Sellers |
Listings | Contact Us
P.O. Box 748, One Wilmington Road
Lake Placid, NY 12946
Tel/Fax: 518-523-9953
E-mail: CBSinADK@aol.com
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