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Established Motor Sports Dealership In Okanagan BC For Sale

Okanagan, British Columbia
Asking Price:
$350,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$4,900,000 (CAD)
Cash Flow:
$100,000 (CAD)

Chinook Business Brokers is excited to present an outstanding opportunity to purchase a high volume, established Motor Sports Dealership located in the Okanogan Valley. The dealership represents highly respected brands of motorcycles, snow machines and All-Terrain Vehicles.

The firm turned over almost five million dollars last year and sales are projected to be even better this year. Profits have been going up in line with revenues and the firm boasts an adjusted EBITDA of more than one hundred thousand dollars for their last fiscal year. The dealership is housed in a completely customized fourteen thousand square foot building on a three acre fenced site on a major arterial road. The building has great access and exposure, plenty of customer and staff parking and there is an assumable long term lease in place.

This business is completely turn-key; the dealership comes complete with a strong management team that handles all the day to day operations. The company’s experienced management, skilled sales people, and well-designed business systems will allow any prospective owner with an entrepreneurial spirit and a love of adventure to build on the outstanding foundation created by the current owners.

Please contact Keith MacKenzie at Chinook Business Brokers Ltd. for more information on this fantastic business.

Property information

Real Estate:

Lease

Lease Terms:

Lease is in place until 2021 with options to renew.

Leasehold Rent:

$100,000 (CAD) per annum

Location:

The business is housed in a large, stand alone commercial building with excellent highway visibility and easy access for existing and prospective customers.

Premises Details:

The business leases a 14,000 square foot building on approximately three acres of paved, fenced land. There is approximately 8,000 square feet of showroom space with a 2nd floor mezzanine where admin staff is housed. Approximately 2,000 square feet is dedicated to service with the remainder used for storage.
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Business Operation

Expansion Potential:

The business is on a growth trajectory and the current owners believe that this trend will continue by focusing on the customer experience and prioritizing service and parts sales.

Competition / Market:

There are a number of local competitors but the current owners have managed to increase sales by over 20% in the last two years.

Reasons for selling:

Other interests

Trading hours:

Tuesday-Friday 9:00 am to 5:30 pm
Saturday 9:00 am to 5:00 pm
Sunday - Monday - closed

Employees:
11
Years established:
26

Other Information

Support & training:

The current owners will provide all necessary support to a purchaser.

Furniture / Fixtures value:
$200,000 (CAD) - included in the asking price
Inventory / Stock value:
$550,000 (CAD)

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