Long Established Golf Cart Sales, Service & Rental

Not Disclosed, FL
Palm Beach County


Asking Price: Annual Revenue:
$1,460,000 $1,668,528

Recreation: Golf Courses & Golf Related


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RE: Long Established Golf Cart Sales, Service & Rental Broker: Jason Curcio

Quick Facts

Asking Price: $1,460,000
Annual Revenue: $1,668,528
Net Profit: Not Disclosed
Cash Flow: $380,620
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1996
Employees: 6
BBN Listing #: 4413630
Broker Reference #: 6401-328185

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Business Overview:

LENDER PRE-QUALIFIED. Business is BOOMING during COVID-19! For 24 years this golf car dealer with two locations has been a South Florida leader in supplying new and refurbished carts to municipalities, country clubs, property mgmt. companies and the general public. All major brands sold, however, this is not a franchised dealer. Offers repairs and customization w/long time techs on staff. No advertising other than website. Upside is export, expanded showroom, leasing, financing. Possible E-2 Visa opportunity. Company operates their sales, service, warranty, customizing and rentals departments from a 6800+ s/f showroom/office/warehouse situated off of major thoroughfare in one of the fastest growing metro areas in the USA and also from a smaller repair and service facility located within a busy country club community. $280k inventory and $100k rental fleet are included in price. Please refer to listing 6401328185, Business Broker Jason Curcio 561 801-3825 when you inquire about this listing.

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Property Features and Assets:

Lease/Month: $6,700; Square Footage: 7,400; Building Type: Industrial; Terms & Options: 5 -10 year renewal available; Expiration Date: 10/31/2019.

Market Competition and Expansion:

Non Compete Miles: 5 Years: 5

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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