Issue link: http://deals.uberflip.com/i/1534853
RV/AUTO SALES AND SERVICE CENTER Ohio, Pennsylvania, West Virginia Tri‐State Market #68155 BUSINESS HIGHLIGHTS Founded in 1991, the Company is a second generaon, family‐owned new and used RV and used car dealership located in the Ohio, Pennsylvania, West Virginia tri‐state market. The Company also performs service and maintenance work on RVs and autos and has an in‐house financing division. The Company purchases new RVs direct from the manufacturers and represents the top brands in the industry. The Company has an exclusive territory in the tri‐state market for these top brands. The Company recently focused its resources on RV sales and maintains its license to sell used autos. The Company operates from a 9,800 square feet sales and shop facility that is leased from a relate d party. The exisng facilies are adequate for expansion of the business. While pleased with the success of the Company, the current owners would like to begin planning for rerement. The owners have developed an exceponal management team, and that team would remain in place to connue running the Company aer a transfer in ownership. The owners are also commied to assisng post‐closing to ensure a smooth transion and the buyer's success. Xavier Staggs Senior M&A Advisor Email: xstaggs@generational.com Phone: 304‐617‐8007 INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 DISCLAIMER: All informaon contained in this document has been provided by the subject company to Generaonal Equity and while believed to be correct has not been verified. Accordingly, Generaonal Equity makes no representaons or warranes as to the accuracy and truthfulness of such informaon. The recipient hereof acknowledges that Generaonal Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Genera‐ onal Equity of this document. At all mes Generaonal Equity and/or its affiliate network members are agents for the seller and not for the buyer. Generaonal Equity's fees are paid by the seller. REVENUE / EBITDA Generaonal Equity 125 Park Avenue , 25th Floor New York, NY 10017 SIGN NDA ► $8.1M 2024 Revenue $298K 2024 EBITDA $9.4M 2023 Revenue $237K 2023 EBITDA GEOGRAPHIC MARKETS REVENUE SOURCES INVESTMENT APPEAL Superior Name and Reputaon. The Company enjoys a long‐standing (32+ year) reputaon for quality RVs and superior customer support. It has a Google rang of 4.5 stars for sales and 4.9 stars for service. Diversified Service Offering. By offering a variety of brands, as well as repair and maintenance, in‐house financing, and car wash services, the Company is well diversified. This diversificaon ensures that the Company is less harmed by economic cycles that may impact upstream and downstream markets. Exclusive Sales Territory. The Company purchases new RVs direct from the manufacturers and is the exclusive dealer of towable RVs in the tri‐state area for several top brands. Modest Ongoing Capital Investment Requirements. The need for capital expenditures is minimal moving forward. Capital expenditures are conservavely projected at approximately $25,000 per annum in order to support connued operaonal efficiency. Shiing Demographics. The US populaon is aging, increasing the number of people most likely to buy RVs. Consumers 35 to 54 are the largest segment of RV owners, according to a University of Michigan study. As more baby boomers reach rerement age, the RV industry expects that sales will increase. Dealer Consolidaons. While the majority of RV dealers are small, single‐locaon operaons, an increasing number of mul‐locaon dealerships are emerging. A common means of growth is for dealers to buy exisng dealerships. Some dealers are buying up RV rental companies to extend their reach in the RV industry. Towables Increasing in Popularity. Towables are growing in popularity with recreaonal vehicle buyers which became popular in the height of the pandemic. Younger families in the market for an RV see the less‐expensive towable models as a good investment for family vacaons. Also, more vehicles on the road today are capable of pulling a towable RV, which increases the market for possible buyers. New technology has allowed towables to be lighter weight and easier to transport.