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Business For Sale

Trailer and Golf Cart Business

Northeast , OK, USA

Auto & Mech: Retail

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$790,000
$1,840,257
Not Disclosed
$168170
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2007
4
70103188

Business for Sale Overview:

Exclusive golf cart and trailer distributor, no local competition, growing revenue, cash flow and real estate included, trained work force in place. It is your complete trailer source, carrying Enclosed & Open Car Trailers, Enclosed Cargo Trailers, Enclosed Motorcycle Trailers, Equipment Trailers, and Horse and Livestock Trailers. The business carries the best known and highest quality trailers in the US. Customers are individuals, companies, local, state or federal government. It provides trailers to meet custom requirements or special projects, to make sure the customer gets the right trailer for the need. In addition the business sells a nationally known brand of golf cars. Business has approximately $680,000 in new inventory that is on a “floor plan” financing program. The credit line is approximately $1,350,000. Buyer will have to be approve by the finance company to take over the credit line The business could be operated by an owner/operator husband and wife team at substantial reduced payroll expense if buyer desires. It has or can get any trailer you can dream up for what ever your needs are; everything from a utility trailer to 8.5'x 53' enclosed gooseneck / fifth wheel race car trailer available. If not in stock or at one of the many factory locations, the business can have it custom made. Business assets include approximately $75,000 in owned inventory; $680,000 in new inventory (financed); $100,000 in furniture fixtures and equipment. Real estate consisting of 4.3 acres and a 6,040 sq. ft. (additional 1,200 Sq. Ft. storege in attic) building valued at $500,000. It is included with the sale and is included in the $790,000 purchase price. The business has been operating for almost two years; beginning full operations on May 1, 2007. However this owner has many years of experience in this industry. Revenue has grown steadily each month and 2008 sales were almost $2 million. Net discretionary cash flow was $168,170 in 2008. 2009 is projected to grow 5% and exceed $2 million with full year cash flow of $200,000-$250,000. As the economy recovers sales should grow 15-20% in 2010 and beyond. Business attributes include: ? Excellent curb appeal; newly built operation ? Breadth of products offereed ? Major brands ? Location is convenient for multiple metro areas This is an excellent opportunity for an owner operator to own his/her own business and get in the deal after the “heavy lifting” has been done; and employees are trained.

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.

Reason for Selling:

Owner is moving out of state.

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.
 

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