What is Struthers Bros?
Struthers Bros, headquartered in Des Moines, Iowa, is a prominent dealer in the powersports sector, boasting over 45 years of operational experience. The company specializes in the sale of new and pre-owned motorcycles, ATVs, UTVs, and scooters from leading manufacturers such as Kawasaki, Suzuki, Triumph, and CFMOTO. Its commitment to customer satisfaction is evident through its comprehensive sales, parts, and service departments, complemented by accessible financing options and manufacturer promotions. Struthers Bros has cultivated a robust reputation within its local community, driven by a dedication to providing an exceptional buying experience.
How much funding has Struthers Bros raised?
Struthers Bros has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Struthers Bros
PPP
Public-Private Partnership
What's next for Struthers Bros?
The substantial capital infusion, contextualized as a large-scale late-stage funding, suggests Struthers Bros is poised for significant strategic initiatives. This could involve expanding its dealership footprint, enhancing its product and service offerings, or investing in digital transformation to reach a broader customer base. The recent major strategic investment indicates confidence from financial backers in the company's long-term viability and market leadership within the powersports industry, paving the way for accelerated growth and operational enhancements.
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