Pennsylvania | Powersports Parts, Accessories, Clothing Business
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Asking Price
$2,250,000
Detailed Information
Business Description
This Pennsylvania-based company specializes in selling parts, accessories, and clothing for powersports vehicles with a growth trend of 10-15%. They offer a range of products such as side-by-sides, motorcycles, snowmobiles, ATVs, and more. Their dedicated service department provides maintenance, repair, and seasonal inspections. The customer base is primarily residential (90%) with a smaller segment in commercial (10%). Original Equipment Manufacturer (OEM) warranties range from six months to three years. In 2023, the company generated revenues of $6,442,836 with discretionary earnings of $391,952. Projected revenues are set to reach $6.5 million by 2024. The commercial location spans 30,000 square feet on an 18-acre lot, featuring office space, showrooms, waiting areas, parts departments, and a warehouse. Skilled personnel with cross-training are expected to stay on post-purchase for a smooth transition period.