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Houston Metro Dealership W / Re; Personal Transport
Location: United States -> Texas -> Houston
Industry: Retail > Other Retail




Business Summary

This is the opportunity of the year - absolutely awesome personal transportation/utility vehicle dealership in Houston area available for purchase! Strategically located in busy retirement, weekend resort area, they have nearly 20,000 cars/day drive by location. General Mgr on staff handles day to day operations. Growing at a 40%/yr clip since inception in 2011, there is still huge potential in expanding geographically â? dealerships have given the exclusive options to do this. They have exclusive dealerships for their geographic area and hold the #1 and #3 positions for 2 major brands in Texas. They have a protected territory on their battery dealership and hold the #1 dealership position in TX. Their product line continues to expand to recreational type products popular in their area. Approximately 70% of business comes from walk-ins and referral/word of mouth business! No focus has been given to commercial/wholesale business which also has huge market potential. 50% of their business comes from new sales, 30% from used unit sales and 20% from service and parts/accessories. Large percentage of business is from neighborhood communities that use utility vehicles for work and recreation, personnel shuttles and material-handling machines. Rental market also continues to grow each year. Location, large inventory of parts and accessories and impeccable customer service all contribute to the success this business has garnered. Buyer will assume floor plan inventory obligation of approximately $475,000. Please refer to CBB Listing #7923MB


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $2,447,915
Cash Flow:   $368,419
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $395,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2011
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Seller will train
Reason For Selling:  Retiring




Print Listing Id: 700254140
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Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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