2530 17TH STREET, Sarasota, Florida, 34234

Listed by RE/MAX ALLIANCE GROUP, Erick Shumway, 941-544-3718, erick@erickshumway.com
$4,132,000
28,062 Sqft
1.47 Acres
0 ba
#A4708532
BUSINESS + REAL ESTATE | SARASOTA, FLORIDA. Total Offering Price: $4,132,000 Business Value: $932,000 Real Estate + Business Offered Together. Rare opportunity to acquire Hap’s Cycle Sales, Inc. and the underlying real estate at 2530 17th Street in Sarasota, Florida. This offering combines an established, family-owned powersports dealership with substantial commercial real estate, an established customer base, experienced personnel, and potential for future expansion. Hap’s has been family-owned and operated since 1948, creating an exceptional 78-year operating history and a well-established name in the Sarasota market. ESTABLISHED BUSINESS Hap’s Cycle Sales is a true old-school, customer-focused powersports dealership. Customers come not only to purchase products, but also to visit, talk motorcycles and enjoy the dealership experience. The dealership specializes in powersports products including motorcycles, ATVs, UTVs and scooters. Employees are passionate riders themselves, and ownership remains actively involved in the business. The dealership maintains trained and certified staff representing the brands it sells, while the sales team focuses on helping customers find the right product without high-pressure sales tactics. Customers can communicate directly with their service technicians and see their motorcycles being worked on—an increasingly uncommon level of transparency and customer interaction. Hap’s has developed a strong reputation within the Sarasota community, reflected by an approximately 4.7 out of 5-star Google rating based on nearly 350 reviews. The combination of longevity, customer relationships, experienced employees and owner involvement provides an incoming owner with an established platform rather than starting a new dealership from the ground up. The property provides a substantial commercial operating facility consisting of approximately 28,062 SF under roof, 24,600 SF approximately air-conditioned. Rear building with partial-height masonry walls and insulated metal siding above. Additional potential for future building expansion. The existing improvements provide a large footprint for dealership operations, sales, service, inventory and related uses, while the additional building potential creates an opportunity for future growth. The offering provides the opportunity to acquire three important components in one transaction: 1. Established Business A family-owned Sarasota business operating continuously since 1948. 2. Significant Commercial Real Estate Approximately 28,062 SF under roof with approximately 24,600 SF of air-conditioned space. 3. Future Growth Potential. Additional opportunity to expand the physical improvements and potentially grow the business operation. Total Purchase Price: $4,132,000. The purchase price includes the real estate and Hap’s Cycle Sales, Inc. business. The business component is valued at $932,000. CONFIDENTIALITY Detailed financial, operational and other proprietary business information will be provided only after receipt and acceptance of an acceptable contract and execution of a Non-Disclosure Agreement (NDA). Hap’s Cycle Sales represents a rare opportunity to acquire an established Sarasota powersports business, its operating real estate, decades of customer goodwill and a platform for future growth—all in one acquisition.

PROPERTY FEATURES

  • Utilities : Private
  • Water Access : 0
  • Sewer : Septic Tank
  • Parking Features :
  • Security Features : Security Gate, Smoke Detector(s)
  • Lot Features : Central Business District, City Limits, Near Public Transit, Sidewalk, Street Lights, Paved
  • Road Surface Type : Asphalt, Paved
  • Roof : Built-Up
  • Zoning : IGD
  • Heating : Central
  • Cooling : Office Only, Central Air
  • Construction Materials : Block, Concrete, Metal Siding, Stucco
  • Window Features : Blinds
  • Flooring : Concrete, Tile
PROPERTY DETAILS
ID: A4708532
Status: Active
Price: $4,132,000
Acres: 1.47 Acres
Price Per Acre: $2,810,884
Type: Commercial
Address: 2530 17TH STREET
City, State: Sarasota, Florida
County: Sarasota
Zip Code: 34234
Lat/Long: 27.351767, -82.51984
Presented By: Erick Shumway
Phone: 941-544-3718
Email: Click to Contact
Agent
Erick Shumway