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Adirondack Area Power Sports Business with Property in Herkimer County

$1,450,000

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.

Overview

  • Country United States
  • Province/State

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Adirondack Area Power Sports Business with Property in Herkimer County

Stuart P. Levy

Senior Business Adviser