Golf Cart Sales And Service
Not Disclosed, TX Harris County
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- RE: Golf Cart Sales And Service
- Contact: Bo Hudson
Quick Facts
| Asking Price: | $1,800,000 | |
| Annual Revenue: | $3,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $800,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 5 | |
| BBN Listing #: | 113844107 | |
| Broker Reference #: | 76931-812209 |
Business Overview:
Golf Cart Sales and Service with Revenues in Excess of $3M
A mainstay within the Houston market area, this company offers much more than Golf Carts and Services.....they provide an experience! Customers can choose the body style, powertrain, lifted or non-lifted, windshield type, color, and a multitude of options for a custom-built ride. If having a custom dream cart is not a desire, the company maintains a large inventory that will surely meet the needs of any active customer.
Similar to the automotive industry, the golf cart world has evolved toward long-lasting, efficient, and eco-friendly solutions. This local firm is at the forefront with offerings that provide enhanced comfort and technologically advanced features.
Established in 2009, the original owner started the business as a 'hobby'. The current owner purchased the company in 2017 and transformed it into a 1st Class Shop providing an assortment of golf cart options and an impeccable service center. With limited advertising, this firm has grown from a revenue base of $1.2 million in 2017 to over $3 million this past year. Customer service and a desire to exceed expectations allows the business to enjoy repeat business while capitalizing on the many referrals from satisfied customers. The multitude of 5-star Google reviews proves it!
Owner's Earnings over the last 3 years have averaged approximately $700,000 with 2022 producing a level of over $800,000. The business is available for owner financing with the right buyer and owner is also willing to stay on for a period of time to ensure a smooth transition. The asking price of $1.8M also includes $300,000 of inventory.
The business operates from a showroom and includes offices, a service shop, and ample storage space.
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Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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