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Business For Sale
GOLF CART RENTAL BUSINESS
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Asking Price: |
$500,000
USD USA Dollars
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Business for Sale Industry: |
Services: Travel, Transportation
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Reason for Selling:
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Owner ready to retire |
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Year Established:
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1974 |
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# of Employees:
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3 |
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Yearly Revenues:
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$217,000 |
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Yearly Cash Flow:
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$135,000 |
Business for Sale Overview:
This company supplies golf carts to 100 country club accounts within 100 mile radius for at least one special event a year. Many of these clubs use carts multiple times a year up to 15 times. Based on geographic area, the season is limited to the seven months of mid-April through mid-November. Although the hours can be long, particularly weekends and all week during the height of the golfing season, there is a lengthy five-month vacation period.
Property Features and Assets:
Facilities located in Two storage buildings; One--8,000 square feet and one--6,000 square feet. Current owner owns buildings and would be willing to lease.
Market Competition and Expansion:
Direct competition in this area is limited to several golf cart distributors. However, they do not have a large enough inventory to effectively compete for most special events needs. Potential to significantly increase rental sales with proactive marketing within existing Eastern PA, Maryland, Delaware, souther NJ, and Northern Virginia. Also, by expanding services area to include Northern NJ, Central PA, and Eastern West Virginia.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for 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.
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