Middle TN Power Sports Dealer Doubles Revenue in 2020!

A fast-growing Middle Tennessee community south of Nashville

Asking Price: $ 1,055,000

Cash Flow: $ 399,309

Gross Revenue: $ 4,272,000

Business Description

GREAT opportunity for growth!

Embracing their dream of opening a power sports dealership, the owners founded the area’s premiere store in 2011, offering not only motorcycles, but selling and servicing ATVs, UTVs, side-by-sides (UTVs with bed for hauling), and premium agricultural equipment: They grew it by $300k to almost $2M in 2018, added another $500k in gross sales in 2019, and in 2020, they took on an awesome line of incredible, compact, utility and high horsepower agricultural vehicles, and the high quality implement attachments made for them, and almost DOUBLED sales to $4,271,735!
As one of the of the top power sports dealers, the addition of the sleek line of
premium 3-wheel bikes was added four years ago.Employees
Including the owner, who is also the General Manager, employees total six:
• 3 service technicians
• 1 service department CSR
• 1 parts manager
The owner will stay on for a negotiable period of training and transition. All others expected to remain.

Service department
Power sports enthusiasts themselves, the highly trained service technicians are among the best in the Middle Tennessee area. They are dedicated to maintaining and servicing all brands and models carried, including all vehicles and accessories.

Aggressively priced at $1,055,000 (includes $60,000 FF&E), plus current inventory – currently about $328,000 of owned units ($58,000 in vehicles, plus $270,000 of parts, fluids, product accessories like helmets, riding gear (clothes, boots), and vehicle accessories such as LED lights and winches, etc.

PRIME REAL ESTATE: a 21,583 sf showroom and two covered storage sheds (about 11,000sf each) on 5.98 acres is ALSO AVAILABLE (optional) at $1,800,000.

TOTAL acquisition $1,055,000 +$354,644* + real estate $1,800,000= $3,209,644*

*Inventory number varies.

This listing was added 02/23/2021