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#5181
Syracuse

Snowmobile Sale, Service and Machining + Real Estate For Sale

$2,950,000
Snowmobile Sale, Service and Machining + Real Estate For Sale
This Listing is Expired

This snowmobile sales, service and custom machine shop business has operated since 1970 as the premier supplier of vintage snowmobiles as well as sales and service of new snowmobiles and ATV's. In addition to selling premium snowmobiles, this business also supplies snowmobile parts as well as ATV parts as well as a huge selection of accessories such as specialized clothing, boots and helmets just to name a few items.  This business is one of the largest and well known snowmobile providers in the U.S..  Not only does the business service the east coast, but it has a great internet presence as well giving it reach throughout U.S. and Canada.  A smart internet marketing person could explode this business internationally and nationally via Amazon, eBay, etc. 

But after nearly 50 years in business, the owners say it is time to dust off their shoes, hang them up on the porch and have some lemonade and enjoy life. 

REAL ESTATE

The real estate is included. First, there is a beautiful family home that includes a custom four bedrooms with an in ground pool.  Second there is another home as well.  And finally there is a complete machine shop ready to make custom parts.  And all this on over 7.9 acres of land.

There is a lot on inventory here.  Seller will hire a professional to inventory all the inventory with the value certainly to be in the millions.  The inventory is not included in the price. 

PROFIT AND LOSS

Annual revenue tends to be in the $1.2 to $1.3 million. with a seller's discretionary income of about $350,000.  The son may well be willing to stay on with a labor contract to maintain consistency if you like.

The business would be great for a family operation, as it has taken car of several family’s in its history. You need to love the winter and enjoying working on the machines. Some one should have some retail experience  as well .This is a one in a life time opportunity to created a dynasty for your family.

 

 

Broker Michael Kinney DRE License #37K10989135

Lease

Region:
Syracuse
Lease Term:
Real Estate For Sale

Financials

Last Year's Annual Gross:
$1,200,000

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
4
# of Family Employees:
2
# of Working Owners:
2
Hours Open:
Daily as needed 7 days in winter 5
Year Established:
1970

Facilities

Inside Sq. Ft.:
100,000

Highlights

  • Great histroy of succes
  • Iconic in industry
  • Location in winter paradise
  • Huge inventiory
  • Short turn around on investment
  • Easy to run
  • Great history in areas
  • Lovely home
  • Ingroung pool
  • Love what you do
  • Great spot to raise a family
  • It si a year around business

Financing

Will SBA Finance:
Yes
Will Seller Lend To Buyer:
No

Demographics

Population 5-mi
2014 Total Population 3,481
Households 5-mi
2010 Number Of Households 1,453
2010 Persons Per Household 2.68
Median House Value $103,900
Income Per Household $50,613
Businesses 5-mi
2009 Number Of Businesses 52
2012 Number Of Employees 736
2012 Total Annual Payroll $13,979,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that MJ Kinney Brokerage, LLC.  DBA SellingRestaurants of New York ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.


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