Property ID : SPL25.516
For Sale, Real Estate $1,450,000.00 - Entertainment, Equipment Sales & Repairs
DESCRIPTION:
- Long standing power sports and snowmobile business located off major highway
- Specializing in used snowmobile sales and service
- Offers valet storage for off season
- Large revenue in retail sales
- Outdoor power sports is the only authorized dealer of CUB CADET, DEWALT, GENERAC and DR POWER EQUIPMENT
Open year round
Operating since 2021 with current owner since 2014
Includes $575,000, plus in inventory for service and retail
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price):
- All equipment including in asking price at a fair market value of $85,000
PROPERTY AVAILBLE
Asking price includes 6,500 square foot facility that includes retail shop, repair shop and valet storage located on 2.3 acres
SALES AND SELLERS DISCRETIONARY EARNINGS (SDE):
| 2024 7 months | 2023 | 2021 | |
| SALES | $495,161 | $961,166 | $ 1,036,112 |
| SDE | $47,170 | $ -16,197 | $ 111,844 |
PRICE/FINANCING:
- Asking price for business and property is $1,450,000
- Inventory included in asking price $575,000
COMMENTS:
This is a very unique opportunity to own and operate a retail and snowmobile business. The property itself is very valuable, right in the heart of the Adirondack mountains. Additional property is available for sale for expansion. Offering rentals will expand business.
