High Traffic, Volume - KTM Motorcycle Dealership, Bay Area

, California 7 views 0 favorites

Financial Highlights
Asking Price
$1,500,000
Revenue
$3,000,000
Business Description

Be a part of the Exciting Powersports Industry, offering the most exciting brand of Motorcycles in the Industry today. KTM Motorcycles have been available in the US since the early 1960's and have been on a 10 year unit sales growth streak that outpaces all other rival brands including Honda, Yamaha, Suzuki, Kawasaki and Zero Electrics. KTM has been enjoying market share increases of 10-40% every year. Beautiful and Highly Visible location. Business is turnkey and ready to go. We are not only a Franchised KTM Dealer, we also have recently become a dealer for Electric Bicycle Company, Bakcou Bikes based out of Ogden, Utah and we enjoy a 250 mile exclusive market territory. These bikes are incredible. Growth potential to add KTM's other holdings with Husqvarna and GasGas Motorcycle lines. The Powersports Business is very similar to the Automotive Industry. Knowledge of Motorcycle or Auto Dealer Business will be required for Manufacturer approval. This business is 5 Businesses under one roof: Sales of New Motorcycles, Sales of Used and Consignment Motorcycles, Finance Department Insurance Products and financing, Labor Sales in Service of new and used bikes and Parts & Accessory Sales. Manage all of those departments well and you have a winner! Location: Contra Costa County, California Year Established: 2006 Number of Employees: 7 Franchise: Yes Real Estate: Leased Building Sq. Ft.: 6,000 Rent: $12,300.00 Per Month Lease Expiration: 4/30/2022 Facilities: New lease terms available from Landlord in April 2022, negotiations can open early if desired. Future lease can be negotiated prior to purchase or after depending on needs. All furniture, fixtures, computers, credit card processing machines, printers, scanners, faxes, wifi equipment, point of sales fixtures, special tools and equipment Market Outlook/ Competition: The Powersports market is red hot for KTM. Most manufacturers are only growing a small percentage point year over year while KTM had a 40% increase in sales in 2020. Growth & Expansion: Major growth potential.

Business Details
Industry:
Automotive & Boat
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 6 days ago

Views: 7

Favorites: 0