Listing Number: 189597-388837
Description
This is a rare opportunity to acquire a motorcycle dealership in Central New Jersey. The dealership carries three brands of motorcycles and two brands of E-Bikes. They operate out of a 12,000 sq/ft showroom that was custom built 9 years ago to house their flagship brand and is in pristine condition. They are one of only three dealerships that carry the brand in the state of NJ and are consistently in the top 10% of all dealerships nationwide in sales volume. The staff of 7 have all been at the store for several years and all have extensive knowledge of the motorcycle industry. There are 4 tech's running the service department which makes up 30% of the revenue. Sales peaked during covid at over $8 million. One of the operating partners is looking to retire which is the reason for the sale. Price incudes 475k of inventory.
Listing Details
- Price: $1,500,000
- Down Payment: $1,500,000
- Sellers Discretionary Earnings: $0
- Total Sales: $4,000,000
- Location: Monmouth County, New Jersey
- Inventory: $475,000
- FF&E: $500,000
- Employees: 7
- Year Established: 2016
- Reason for Selling: Retirement
- Category: Motorcycle
