Business For Sale Listing 154390
BMW Motorcycle Dealerships plus Real Estate
Status as of Nov-22-2008 at 05:59 PM: Active
Business Summary
Our Client represents BMW Motorcycles as a single line franchise. BMW is within the top five brands in the world. The total focus is on retail sales and service of new and pre-owned bikes plus related parts, accessories, apparel, safety equipment, insurance and financing assistance. Through acquisitions and relocation, the Company now has two exceptional contiguous dealership locations that enjoy brand exclusivity, unrestricted expandability and a substantial competitive advantage. A key element to historical growth and no doubt future growth is an unwavering dedication to customer service and equal dedication to the people that work, on, in and for the Company. A pledge has been made to the employees that the new Owner will share that same philosophy. Both dealerships are located within a major metro market that s populated by nearly 3.3 million people. The upper-middle to high-income demographics of the markets served make for a strong following with excellent prospects for growth and many new profit opportunities. The Company consistently operates at the highest level of sales and customer satisfaction and has been a Top 5 or Top 10 dealer for the given brand for over 10 years.
The two dealerships are strategically located to maximize market coverage. The facilities are in excellent condition and both have space for substantial future growth including additional franchise lines. Even though it is the desire of the Seller to sell the Real Estate along with the dealerships, a new long term Lease with standard terms and increases could be provided. The seller will consider a first right to purchase at a fixed price with a short term trigger.
The Company is stable, profitable and over three decades old with strong growth potential within the current product offerings and core field of expertise. BMW has a very exciting model succession plan and is entering into new market segments.
BMW Finance and Seller will assist.
Categories
Industry
Location
Financials
| Sales: |
Between $10 Million And $25 Million ($12,000,000) |
| Profits: |
Between $1 Million and $2.5 Million ($1,076,000) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Between $2.5 Million and $5 Million ($4,700,000) |
