Auction Information
Auctioneer LOOMIS GROUP AUCTIONEERS (724) 528-2550
Auction Date Oct 10 Auction
Location
SHARON HONDA CYCLE SALES & SERVICE
265 E. Connelly Blvd.
Sharon, PA
Time 05:00PM
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AuctionZip Auctioneer ID# 8227
    Attached Files    
Auction Brochure (PDF)
NEW HONDA DEALER BUSINESS AUCTION
PRIME, ONGOING BUSINESS, OWNER RETIRING 
OUTSTANDING TURN-KEY BUSINESS AUCTION OPPORTUNITY
6,500 SQ. FT. RETAIL FACILITY, LOADED!!!

SHARON HONDA CYCLE SALES & SERVICE
265 E. Connelly Blvd., Sharon, Pa 16146
Since 1960. Owner Retiring.
Business As Usual During Auction Process

BIDDING UNDERWAY NOW! INTERNET ONLY!!
CONCLUDES WED., OCT. 10TH, STARTING @ 5:00 PM!

ONLINE SESSIONS:
Real Estate Only
Complete Inventory & Equipment Bulk Bid
Honda Franchises x 3: Cycle • ATV • Scooter (Side by Side Available from Honda)
* Request a power point of Honda protocol requirements to assume the dealerships
prior to bidding on the Honda Dealerships. Buyer must be able to pass the needed requirements to transfer and assume ownership. The requirements are far softer to assume the existing dealerships (many new criteria items waived, grandfathered in), than applying for a new dealership.
 
Turn Key Business Entirety

OVERVIEW OF BUSINESS PACKAGE:

* With an approximate business value of over $2.3 Million, Estimated. 

• Prime Corner Commercial Real Estate In Sharon 
• The Highest Traffic Corner In The City 
• 6,500 SQ. FT. FACILITY, LOADED!!
• Retail / Shop, Nice Commercial Building 
• Honda Dealerships Lic X3 (Bidder Must Meet Honda Protocol) 
• NEW HONDA Cycles, ATVs, Scooters 
• New Cycle Inventory 
• New ATV Inventory 
• New HONDA Parts Inventory 
• New HONDA & OTHER Showroom Inventory 
• New Vintage Honda Parts 
• Pre-owned Inventory 
• Vintage HONDA Cycles 
• Turn-key Shop Equipment 
• Turn-key Tool and Shop 
• Like-new Fork Truck
• Several Years of Over $2 Million in Sales!!
• Systems Hardware / Business Support • Fixtures 
• All Branding and Intellectual Property 
• Trademarks 
• Branding • Social Media 
• Vendor and Customer Matrix 
• 1000’s and 1000’s of Previous Customers 
• Excellent Reputation in the Marketplace as One of the Leading Honda Dealers in the Region, for Approx. 50 Years! 
• Huge Amount of Dollars Spent Marketing Throughout the Business History! 
• Many Years of Huge Sales and Profits! 
• A Great 2018 in Progress!! 
• Honda Side-By-Side Franchise Available Directly with Honda!
• Current Owner Training Period

Auction Memo: An excellent business opportunity for any aggressive entrepreneur. The founder (father) passed away a few years ago, and the family is retiring from the great business they grew up in, assisting their dad. Moving on to other interests.

Sharon Cycle does not have an aggressive internet presence or online store, and 
marketing. All sales performed at location.

* All bidders must perform their own due diligence to set their own market valuation prior to bidding. This is an estimate provided by Seller. *

All Of The Above For One Bid! Turn-key Offering To The Highest Bidder!

NOTE: IN THE EVENT THE TOP BID IS NOT ACCEPTED BY THE SELLER, FULL INDIVIDUAL LOTS  AUCTION ON ALL ITEMS INCLUDING REAL ESTATE, WILL PROCEED IMMEDIATELY.

TURN KEY BUSINESS / REAL ESTATE AUCTION
INSPECTION / VIEWING DAYS: 
1) Sunday, Sept. 30th, from 1:00 - 2:00 PM 
2) Sunday, Oct. 7th, from 1:00 - 2:00 PM 
3) Wednesday, Oct. 10th, from 3:00 PM to conclusion of auction. 

* Special appointments can be scheduled via Loomis Auctioneers Inc. 

* BIDDER / BUYER NOTICE: 
All inquiries directly to Loomis Auctioneers Inc. Please do not contact the owners or business directly or indirectly.
  
IN THE EVENT THE TURN KEY BUSINESS FINAL BID IS NOT ACCEPTED:
* In the event the auction continues to individual auction lots of all items, inventory, tools, machines, entire inventory:
Est over 2500 lots or more 

INSPECTION VIEWING DAY FOR PUBLIC & DEALERS: 
Sunday, Oct. 21st, from 1:00 - 3:00 PM,
and each auction day, 1 hour prior to conclusion times. 
(ESTIMATED 5 X DAY AUCTION.)

AUCTION PICK UP / INSPECTION LOCATION 
Sharon Cycle Sales & Service 
265 E. Connelly Blvd., Sharon, Pa 16146

(724) 528-2550 / Email: loomisgroupco@gmail.com
SALE DAY LOCATION PHONE (724) 815-1958

General Terms & Conditions: 10% Buyer’s premium applied to all lots, including real estate. All lots sold as is. Cash, certified money, pre-approved check, credit card (3% added processing fee). All lots paid in full by credit card or credit card back up to pay with in 3 business days of end of auction, without exception. DO NOT BID unless you have the ability to pay, and agree to all terms and conditions. 

Real Estate Terms & Conditions: Property Sold AS-IS. 10% Deposit of final bid, auction day. 10% Buyer’s premium added to final bid, auction day. Balance at closing. Guaranteed Clear, Good Title At Closing. Closing Costs: Unless specified in writing, buyer and seller, assume closing costs, split 50% seller / 50% buyer. All current taxes prorated the time of settlement. Any and all delinquent taxes are assumed and paid by seller. All information has been provided by seller. It is the sole responsibility for buyer to perform any and all due diligence, prior to bidding. Bidders / Buyers understand and agree to the terms and conditions, and real estate auction agreement, prior to bidding. Bidders / Buyers agree to "hold harmless" Loomis Auctioneers of any, and all liability, whatsoever. Need financing? Contact Loomis Auctioneers for more info. Real Estate Agent Participation Invited. Need assistance or have questions regarding the auction process? Need lending or other financial info? Call us regarding the FAQ’s. How do I bid? Do we need all the money auction day or at the closing of auction? Not at all, only the deposit and buyer's premium. The balance at closing. Can we have an extension for closing? Yes, for qualified buyers. Call us, we can answer all the questions, we love to talk to our bidders!

Tag Words: Honda New Cycles, Scooters, Motorcycles, Honda Vintage Motorcycles, Honda Motorcycles, Honda ATV, Honda Vintage Cycles, New Honda Motorcycles Parts, New Honda ATV Parts, New Honda Scooter Parts, Vintage Honda Parts, New Honda Items, New Honda Inventory, Honda Wholesale Parts, Honda Dealer Inventory, Honda Tools, Honda Parts, Honda Vintage Collectibles, Honda Ready to Wear, Shop Equipment, Fork Truck, Air Compressors, Motorcycle Lifts, Snap On Tools, Hand Tools, Power Tools, Motorcycles Tires, Motorcycle Rims, Motorcycle Seats, Motorcycle Tanks, Used Pre Owned Motorcycles, Honda Advertising Items, Honda New Vintage Parts, Decals Collectibles, New Oil Fluids, New Honda Retail Items,
New Leather Motorcycle Jackets and Pants, New Motorcycle Helmets, New Dirt Bike, New Dirt Bike Items, New Racing Motorcycle Ready to Wear.





Auctioneer License Information: AU001760L

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