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Motorcycle Parts, Scooters & Lawn Equipment
Location Michigan,United States
Asking Price Range $500K - $1.0M
Gross Revenues $900000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2006
Number of Employees 4 - 5
Inventory Approx $1,400,000 of motorcycle parts & apparel inventory at Dealer Cost. Approx $200000 of lawn garden and scooter inventory at Dealer Cost. Plus $140k of Store Fixtures & Equipment.
Relocatable Yes
Number of Employees 4 - 5
Real Estate Owned
Training Call to discuss.
Reason for Sale The company's owner is at retirement age and motivated to sell the business or discuss strategic alternatives with any potential buyers, investors, or parties interested in owning a successful small business.
Description Summary
Oscoda, MI - The Michigan-based Biker Garage 101 motorcycle and power sports business is for sale through motorsports broker Liquid Asset Partners. Biker Garage 101 specializes in motorcycle parts and accessory sales through their Internet warehouse and retail superstore. They sell parts and accessories for Harley-Davidson, V-Twin, Honda, Yamaha, and many other scooter and custom motorcycle manufacturers through their strong Internet business.
Real Estate
27,000 sq ft building that has been complete refurbished inside and out. New roof, floors, doors, paint, seals, systems, and security, property to include 4 acres which building sets on w/ an additional 4 adjacent acres available for sale or lease.
Inventory as of 02/04/13
Approx $1,400,000 of motorcycle parts & apparel inventory at Dealer Cost.
Approx $200,000 of lawn, garden, and scooter inventory at Dealer Cost.
Finacials
Approximate Gross per year= $900,000.
Rough Breakdown: Ebay Sales 65%, Website Sales= 20%, & Retail Shop Sales= 15%
FF&E (Furniture, Fixtures, & Equipment)
Well equipped facility of motorcycle tools, store fixtures, warehouse equipment, motorcycle repair and signage.
Franchisee Licenses
Numerous company lines carried on the floor.
In addition, the company has a retail showroom that sells lawn and garden equipment, scooters, ATVs, UTVs, motorcycles, and apparel. Biker Garage 101 is a large franchise of Husqvarna and Bad Boy lawn and garden equipment. The company also owns scooter and UTV franchises. This destination store has a motorcycle museum attached and strong community support. In 2010, Biker Garage 101 was presented with the Best Small Business of the Year Award for northeast Michigan by the Michigan Small Business & Technology Development Center.
The company's owner is at retirement age and motivated to sell the business or discuss strategic alternatives with any potential buyers, investors, or parties interested in owning a successful sm
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