Monday 12 February 2018

S-2791-1 JPM Landmark Power Sport Dealership (Mountain West US)



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


2017
2016
2015
Revenue
$17,656,524
$15,141,251
$12,300,000
Adjusted EBITDA
$3,359,238
$1,200,360
$319,751


Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
Mountain West
Internal
Yes
1988
5571, 5551, 3799





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

Thursday 1 February 2018

S-1854 MHS International Fashion Jewelry Wholesaler ( East Coast US)



The Company sells women’s costume jewelry across a broad price range from middle to high end. They sell several well-known brands and private label jewelry to retailers such as Nordstrom, Hautelook, JC Penny, Net-A-Porter and many more, as well as to buyers in Spain, Mexico, China, the Middle East, and essentially to buyers all over the world.
The Company maintains a beautiful showroom where buyers come to review jewelry on display and place orders. Additional orders are placed through the internet. The Company has eight valued employees.

The inventory value is approximately $850,000 with a retail value between $2M and $3M, and is included in the sale.

In 2016 the owner decided that the business needed fresh blood and a financial injection to promote growth. As he is of retirement age, he has decided to exit the business, but will remain with the new owner for an agreed transition period. There is tremendous room for growth and the business is poised in all areas for growth. The owner has prepared detailed plans for expansion and the business can easily grow to over $10M if executed properly.

  

Financial Summary (000s)

2019 
2018
2017
Revenue
1.9 M
2.6 M
2.2 M
Adjusted EBITDA
595 K
710 K
622 K


Other Highlights
Location
Financials
Management Team
Years in Business
SIC Classification
East Coast
Compiled
Yes
10
5094






Direct All Inquiries to:

Gottesman Company
Refer to:  S-1854 MHS
Tel: 718-618-5346      UK Office: +44 (0) 7906786505
                                        E-mail: dmj@gottesman-company.com