Profile: Business Qualifies For SBA Financing.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
John Sullivan, Broker
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| Primary Phone: |
760-898-6807 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
9/30/09 |
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| Date Last Revised: |
11/14/09 |
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| BizBen Ad #: |
143668 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$1,850,000 |
| Down Payment: |
Call/Email |
| Annual Revenue: |
$2,600,000 |
| Annual Adjusted Net: |
$674,000 |
| Price Range: |
$1 Million to $2 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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Taking Advantage Of A New Federal Tax Credit, This Business Has Zoomed And Has A Forecast Of More Than 3 Million In Sales This Year. This Unique Business Incorporates The #1 New Golf Cart Dealer Out Of 350, Plus An Unique Art Gallery. Gross Sales In 9/30/09 Are Over 256,000- The Best September Ever. The Business Is Located In An Upscale Shopping Setting With Fabulous Restaurants And Shops. Buyer Will Be Purchasing The Exclusive Rights To The Coachella Valley For Two Premium Golf Cart Lines, Plus Art And Cart Inventories. The Highly Acclaimed Art Brings In The Customers And The Gorgeous Golf Carts Compliment The Art. With Over 140 Golf Courses, There Are Many Eager Golfers Exchanging Their Private Carts By Taking Advantage Of The Tax Refund. 2009 Net Income Is Up 30% Over 2008. Owner Is Willing To Take Commercial Or Residential Real Estate In Trade. Equipment Includes Three Late Model Pickup Trucks, A Forklift, Computers, Office Furnishings And More. No Experience In Art Purchasing Or Retail Sales Is Required.
This Golf Cart Is Made For Surface Streets Or Golf Courses,which Qualifies For A New Federal Tax Credit Of 4,168.00 Per Vehicle. Owner Has Recently Added Another Assembly Shift Due To The Increase In Sales.
There Are 6 Full Time And One Part Time Employee.
Buyers Can Use Their 401K Or Retirement For A Down Payment Without Penalty, And Get An SBA 7a Guarantee For The Balance Through A Local Bank.
Owner Will Train For 30 Days And May Stay On To Transition New Owner For Compensation.
No Licenses Or Special Qualifications Are Required. For More Information Call John Sullivan At 760 898-6807.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
John Sullivan, Broker at 760-898-6807 Non Disclosure Agreement |
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