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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Alberta Businesses For Sale Categories   >>   

Motorsports Dealership For Sale

Location  Alberta,Canada
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $4300000
Net Profit / Cash Flow  $133000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1980
Number of Employees  6 - 9
Inventory  1300000
Relocatable  Yes
Number of Employees  6 - 9
Real Estate  Owned
Training  Provided
Reason for Sale  Other interests
Description  Here is a rare opportunity for someone with a passion for motorsports to own a seasoned motorsports dealership. Gross Sales are currently in the order of $4,300,000 and have in previous years been as high as $9,500,000. Buyer inquirers must show evidence that, in addition to the list price, they have the financial ability to purchase approximately$1,000,000 of new inventory or be able to offer GE Capital a personal guarantee in the order of $1,000,000. Listed at $1,550,000 this price does not including the cost of any new financed inventory. Buyer will also be subject to Manufacturers approval. The buyer of the business also has the opportunity to purchase the real estate the business resides in - sold separately through a real estate brokerage.
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