Power Sports Dealership in Central Iowa
Off-MarketAtlantic, IA
Power Sports Dealership Business In Central Iowa
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$6,500,000
$600,000
9.2%
1998
30+ Days
Customers
Local community interested in ATVs, Motorcycles, Golf Carts, Trailers, and more.
Customer Acquisition
Word of mouth, reputation, sales team.
Team
The business currently has 12 full-time employees, including salespeople, technicians, a service manager, and a bookkeeper.
Owner's Role
The owner has been transitioning more of the day-to-day operations to his management team and believes the business could run well without him being there full-time. In the last few months, he has put a GM, service manager, and sales manager in place.
Reason for Selling
Retirement
Contracts
No
Real Estate
Owns the facility, valued at roughly $2 million.
When Are You Looking to Sell
6-12 months
Licenses Required
No
Additional Notes
The business has been around for 43 years, and the current owner bought out the previous owner 5 years ago, though he still owns a small percentage of the business. Revenue breakdown consists of new and used ATVs and motorcycles, parts and accessories, and a full-service department working on customers' machines. The owner is very knowledgeable about transactions, valuation, and negotiations, having bought and sold companies in the past.
Business ID: 1275
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