Business
Description: This premier power
sport dealership in the Mountain West United States is an exceptionally
managed, highly profitable turnkey dealership that carries a vast inventory of
new and pre-owned products, including many Japanese franchises under one roof,
as well as Yamaha, Suzuki, Chaparral, G3 Boats, Ducati, Aprilla, BRP (Ski-doo,
Sea-doo, Spyder and Can-Am) and more. Pretty much everything except Harley.
They also carry a huge selection of parts, accessories, and apparel. The
company has 35 employees. The 80,000 sq. ft. dealership sits on five acres of
prime real estate. There is a 30,000 sq. ft. showroom, a 28,000 sq. ft.
warehouse and 22,000 sq. ft. dedicated to service and parts (all approx.).
Distribution: Launched 19 years
ago, this dealership has captured the marketplace. It is the top retailer in
the area of motorcycles, ATVs, UTVs, PWCs, and power equipment, and stands out
from its competition through its top-notch sales and service. The local economy
is currently experiencing unprecedented growth, and the market for recreational
transportation is booming.
Operational
Strengths:
This dealership
maintains an established, loyal customer base and enjoys isolation from like-branded
companies. It boasted sales of $15 million in 2016. It has its own website
which generates considerable internet sales and has a consistent track record
of sales and profitability.
The
facility is well-equipped in furniture, fixtures and equipment (approx.
$1,000,000) which includes a boat lift, wash bay, two car-lifts for working on
side-by-sides, loading dock, etc. The recent installation of a commercial Solar
Energy System is expected to generate $5,000 in energy savings per month. The
building has excellent frontage and visibility along a major highway. It is
easy to reach and offers ample parking. The seller wishes to completely retire
by selling the business and the facility at the same time. The facility is
available a fair market price of $7,000,000.
Their
top-notch service department is known for its custom, quality work, and has
relationships set up with most major parts manufacturers and distributors.
Experienced and trained mechanics are already in place.
The
Transaction:
The Seller also
owns the Real Property and would like to sell that as well. Fair Market Value to be determined, but
estimated to be $7,000,000 (approx.).
Financial Summary
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2017
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2016
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2015
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Revenue
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$17,656,524
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$15,141,251
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$12,300,000
|
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Adjusted
EBITDA
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$3,359,238
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$1,200,360
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$319,751
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Other Highlights
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Location
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Financials
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Management
Team in Place
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Years in
Business
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SIC
Classification
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Mountain West
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Internal
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Yes
|
1988
|
5571, 5551, 3799
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Direct All Inquiries to:
Gottesman
Company
Refer
to: S-2791-1 JPM
Tel: 718-618-5346 UK Office: +44 (0) 7906786505
E-mail: dmj@gottesman-company.com
