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Businesses for Sale: Listing Details

 
NEW ENGLAND HARLEY-DAVIDSON DEALERSHIP
Seller: Attn: Mike Camerota
Location: Not disclosed, MA, USA
Listing Number: "6106"


Asking Price: $Not USD USA Dollars
Industry: Auto & Mech: Retail
Reason for Selling: Seller is in his 60’s and owns a second business t
Year Established: 1971
Number of Employees: 6
Yearly Revenue: $2,230,364
Yearly Cash Flow: $235,355

Overview:
A rare opportunity to own a retail dealership of motorcycling’s most enduring icon. This company sells new and previously owned Harley-Davidson and KTM cycles and offers a full line of parts, “motor clothes” apparel, and accessories. It also maintains and full service department to repair and customize customer’s motorcycles and will store customer bikes in the off season. The dealership is has been at the current location for 35 years and the location can be rented or purchased. The owner has approval to relocate the dealership to a site immediately off an exit of Interstate 91. This dealership can be operated very profitably at its current location and level of operations or can be taken to a much higher level, depending upon the new owner. Franchisor is requiring that new owner have at least $600,000 in liquid funds.

Property Features and Assets:
The current facilities total approximately 22,000 square feet and include a showroom for motorcycles, “motor clothes apparel” and accessories, service area, parts area and storage for up to 180 motorcycles. The facilities contain ample parking and can be owned or leased.

Market Competition and Expansion:
The owner has approval to relocate the dealership to a site immediately off an exit of Interstate 91 and has plans for a 70,000 square foot building. Visibility from the highway is excellent and the site is large enough to accommodate other retail and commercial uses. This dealership can be operated very profitably at its current location and level of operations or can be taken to a much higher level, depending upon the new owner. Harley-Davidson controls 50.7% of the northeast market in which it competes. While each dealership is assigned a marketing territory, sales can be made to anyone in the world.

Additional Details:

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