Business for Sale Overview:
Twenty Five year old dealership located in Pinehurst, an area ranked as the “world’s top golf resort” by Travel plus Leisure Golf, and the “No. 2 US Golf town” by Golf Digest. Not only is this a fun business to operate but a solid financial performer as well. FY 2008 revenue was over $2,000,000 with an excess of $240,000 in SDCF (Sellers Discretionary Cash Flow). Carolina Carriage is the largest golf cart dealer in the greater Pinehurst area in terms of sales, rentals, and maintenance work. Impressive year over year results have created a powerhouse dealership that is recognized by industry veterans across the state.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Real Estate being sold with Business. 3 Buildings and Fenced storage yard on 1.3 Acres in Prime Location that is well known throughout the community. Retail showroom with brand new building housing maintenance/service area.
Market Competition and Expansion:
Carolina Carriage is the exclusive dealer of Club Car & Yamaha Golf Carts to the greater Pinehurst area (aka The Sandhills). There is only one other dealer in the local market and they represent the Easy Go Brand. Carolina Carriage has the largest rental fleet in the area. Carolina Carriage is the only dealership that has agreements to maintain and provide warranty service to a variety of the Club/Resort Golf Cart Fleets.
Reason for Selling:
Retirement. Owner is 71; wants to play more golf.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.