High Traffic, Volume - KTM Motorcycle Dealership, Bay Area

Contra Costa County, CA

Seller Financing Available
KTM Corp Building
Contact Seller

Asking Price: $2,200,000

Cash Flow: $200,000

Gross Revenue: $4,000,000

EBITDA: N/A

FF&E: $400,000

Inventory: $300,000

Rent: $12,300 per Month

Established: 2006

High Traffic, Volume - KTM Motorcycle Dealership, Bay Area

Save Print Share Valuation Report

Business Description

Most successful OEM Manufacturer in the Industry, up 20% YOY in 2020

Be a part of the Exciting Powersports Industry, offering the most exciting brand of Motorcycles in the Industry today. KTM Motorcycles have been available in the US since the early 1960's and have been on a 10 year unit sales growth streak that outpaces all other rival brands including Honda, Yamaha, Suzuki, Kawasaki and Zero Electrics. KTM has been enjoying market share increases of 10-15% every year. Beautiful and Highly Visible location. Business is turnkey and ready to go. We are not only a Franchised KTM Dealer, we also have recently become a dealer for Electric Bicycle Company, Bakcou Bikes based out of Ogden, Utah. These bikes are incredible. The Powersports Business is very similar to the Automotive Industry. Knowledge of Motorcycle or Auto Dealer Business will be required for Manufacturer approval. This business is 5 Businesses under one roof: Sales of New Motorcycles, Sales of Used and Consignment Motorcycles, Finance Department Insurance Products and financing, Labor Sales in Service of new and used bikes and Parts & Accessory Sales. Manage all of those departments well and you have a winner!

Detailed Information

Location:
Contra Costa County, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,000
Lease Expiration:
4/30/2022
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All furniture, computers, credit card processing machines, printers, scanners, faxes, wifi equipment, point of sales fixtures
Competition:
Powersports market is red hot for KTM. The market as a whole is hot, but most manufacturers are only growing a small percentage year over year while KTM had a 20% increase in sales in 2020.
Growth & Expansion:
Major growth potential depending on size of new and used bike inventory. The larger the inventory the greater the unit sales will be
Financing:
$1.4m cash down, Will Finance Balance for 24 months at 6%
Support & Training:
Will provide 2 weeks of on site, no charge training, will negotiate additional on site training for $100 per hour.
Reason for Selling:
Retiring and traveling with family.
Franchise:
This business is an established franchise
Contact Seller

Contact the Seller

Contact Seller Loading

By clicking the button, you agree to BizBuySell’s  Terms of Use and Privacy Policy


Business Listed By:
John Schafer

Report an issue with this listing

Listing Statistics

Unlock

Demographic Information

Unlock

Real Estate Insights

Unlock

Metro Area Scores

Unlock


Ad#:1817058

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Big O Tires

Franchise Opportunity
Cash Required: $100,000