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Power Sports Dealership Property In Ulster County For Sale

Ulster County, New York, US
Asking Price:
$650,000 (USD)
Sales Revenue:
$1,900,000 (USD)
Cash Flow:
$250,000 (USD)

New and Used Powersports Dealership and Property for sale in the Hudson Valley. Only open 5 days. Tu-F 9am-5pm, Sat. 9am-3pm, Closed Sun & Mon. This business is full service, offering an 8,500 sq. ft. facility including a full showroom, full repair shop and accessories. The pandemic has caused many to flee the NY metro area and relocate to the Hudson Valley. Many of them have become new customers. That has led to a growth in gross revenue for the past year of approx. $1,900,000.00 and an owner's cash flow of approx. $250,000.00. Even better, the 7 acre property is also available for sale for an additional $1.2 million through PMTG Realty. 2 acres are zoned commercial and 5 acres are zoned residential. Outside of the business, there is an opportunity to develop this property. The business is fully staffed with 4 F/T and 4 P/T employees. The owner is looking to retire and will offer a lease with an option to buy the property, a first right of refusal or an outright property sale. If rented, the lease would start at $5,000/mth for a well-qualified buyer. Many buyers with experience, good credit and collateral may qualify for SBA funding with the purchase of the business and property as a package. If you are seeking seller financing for the business purchase alone, you must be financially qualified buyer with at least $725K in liquid funds to cover the $425K down payment and approx. $300K in parts and apparel inventory. Additional vehicles can be financed through floor planning. To learn more, please call, text or email Mel Vaz today. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

If interested, please contact the seller through the form on this page.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-33847 for instant access to this business information.

Business Operation

Reasons for selling:

Retirement

Employees:
4FT/4PT
Years established:
2010

Other Information

Support & training:

Seller will train.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

425,000.00 Down & $225K over 3 yrs. @ 6% for a buyer with good credit and experience.

Furniture / Fixtures value:
$150,000 (USD)
Inventory / Stock value:
$300,000 (USD)

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