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Major Brand Mororcycle Dealership

Location: Kelowna, British Columbia  flag
Industry: Retailing Businesses, Miscellaneous Retail

Best motorcycle dealership in Kelowna
Asking Price
1,500,000
Annual Revenue
5,173,000
Annual Profit
205,000
FF & E
100,000
Inventory
450,000
Year Founded
2007
Number of Employees
1-10
Reason For Selling
Health related issues
This business is not relocatable.
This business is not home based.

Description of Business

THIS IS A VERY RARE OPPORTUNITY TO PURCHASE AN ESTABLISHED MAJOR LINE MOTORCYCLE SALES AND SERVICE DEALERSHIP IN THE BEAUTIFUL OKANAGAN VALLEY OF BRITISH COLUMBIA. THIS BUSINESS HAS THE EXCLUSIVE RIGHTS TO SELL FOUR MAJOR BRANDS OF MOTORCYCLES, ALONG WITH FACTORY PARTS AND APPAREL. THIS FULL SERVICE MOTORCYCLE DEALERSHIP OPERATES OUT OF A NEWLY RENOVATED 22,500 SQUARE FOOT, FREE STANDING BUILDING ON THE MAJOR HIGHWAY RUNNING THROUGH THE OKANAGAN VALLEY. APPROXIMATELY 8,500 SQUARE FEET ARE DEDICATED TO THE MOTORCYCLE SHOWROOM AND OFFICES. APPROXIMATELY 7,000 SQUARE FEET ARE DEDICATED TO THE FULLY EQUIPPED SHOP, PARTS DEPARTMENT AND STORAGE. THERE ARE AN ADDITIONAL 7,000 SQUARE FEET THAT ARE LEASED TO A TENANT THAT OPERATES A PERFORMANCE TRUCK SHOP, WITH A LONG TERM LEASE IN PLACE. THIS IS ONE OF THE LARGEST MOTORCYCLE DEALERSHIPS IN THE OKANAGAN VALLEY AND ABSOLUTELY HAS THE BEST LOOKING SHOWROOM! THE WORKSHOP HAS BEEN DESCRIBED AS THE CLEANEST, BEST EQUIPPED, AND STAFFED BY THE MOST HIGHLY TRAINED TECHNICIANS IN THE VALLEY. THE PURCHASE PRICE INCLUDES THE SELLER'S $400,000 EQUITY IN THE LAND, BUILDING AND IMPROVEMENTS. AN ASSUMABLE, IN PLACE MORTGAGE WILL MAKE IT EASY FOR THE PURCHASER OF THE DEALERSHIP TO ALSO ACQUIRE THE BUILDING, WITHOUT AN ADDITIONAL CAPITAL OUTLAY. THE PURCHASE PRICE ALSO INCLUDES $450,000 IN INVENTORY (AT COST) AND $100,000 IN FURNITURE, FIXTURES & EQUIPMENT. ABSOLUTELY NO MOTORCYCLE SALES OR SERVICE EXPERIENCE IS NECESSARY TO TAKE OVER AND CONTINUE TO GROW THIS DEALERSHIP, AS A FULLY TRAINED AND EXPERIENCED SALES, SERVICE AND MANAGEMENT STAFF IS IN PLACE. THE IDEAL PURCHASER WOULD BE AN INDIVIDUAL OR TEAM THAT HAS GOOD MANAGEMENT SKILLS AND AN INTEREST IN MOTORCYCLES. * THE CURRENT OWNER NEEDS TO SELL FOR HEALTH REASONS AND WILL CARRY BACK UP TO $500,000 FOR A QUALIFIED BUYER! FOR FULL INFORMATION ON THIS VERY UNIQUE OPPORTUNITY, PLEASE GIVE US A CALL TODAY!

Property Information:

THIS FULL SERVICE MOTORCYCLE DEALERSHIP OPERATES OUT OF A NEWLY RENOVATED 22,500 SQUARE FOOT, FREE STANDING BUILDING ON THE MAJOR HIGHWAY RUNNING THROUGH THE OKANAGAN VALLEY.

Competition and Growth Potential:

Outstanding opportunity for continued growth!

Financing Options:

Seller will carry back up to $500,000 for a qualified buyer!

Support and Training:

Seller will provide full operational training!

Seller Details:

Orville Wright
888.6892378

Global Business Brokers International

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