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CRB Lists Leading Vespa Dealership |
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Are you interested in purchasing a Vespa Dealer or selling an existing one? Call us now at 866-648-7640. While this transaction is older, we continue to have inquiries on a daily basis. - July 2008
Clear Rock is pleased to announce that it has been engaged to sell the country's leading Vespa dealership. With sales of approximately $4m and net profit of over $500k, this is truly robust small business. The company has been on an incredible growth curve since inception. Management predicts this trend to continue for the next several years.
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Listed Price:
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$1,700,000 |
| Down Payment : |
Negotiable |
| Total Sales : |
$3,900,000 |
| Seller's Discretionary Earnings: |
$544,293
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| Fixtures, Furniture & Equipment: |
$47,080
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| Inventory: |
$549,476
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Historical Summary:
The company has enjoyed increasing sales and margins every year,
establishing itself as the #1 volume leader in the nation. Furthermore,
the Vespa motorscooter has been the sales leader for all motorscooters
in the New York/ New Jersey metropolitan area since 2004, despite being
in the U.S. market for only 5 years. |
Owner Qualifications :
For strategic buyers: either located or looking for a presence in the New York metro market.
For
Individual Buyers: comfortable owning / running a fast paced retail
environment in New York City, preferably with experience in the
automotive sector. |
Competition:
The
company's market share has increased every year since inception and is
now up to nearly 50%. Moreover, significant barriers exist for new
companies wishing to enter the market. |
Potential for Growth :
There
is ample opportunity for growth. The market for the company's segment
is continuing to expand, and the company is ideally positioned to
capitalize on that expansion. |
For more information contact Brett Paradis at Clear Rock. Brett can be reached at 201-433-0679 ext. 117.
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On Selling a Business 