Profile: Highly Profitable Custom Golf Cars/Carts – Riverside County.
|
Ad/Listing Information
|
|
 |
|
|
|
| Financial Information |
Detailed Information |
|
| Asking Price: |
$960,000 |
| Down Payment: |
Negotiable |
| Annual Revenue: |
$2,250,400 |
| Annual Adjusted Net: |
$371,900 |
| Price Range: |
$500,001 to $1 Million |
|
| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
|
|
|
Description:
|
This Is One Of The Leaders In The Custom Golf Car/Cart Industry. They Specialize In Accessorizing Golf Carts Into Unique Mini-Cars And Are An Area Dealer For The Club Car Line, Which Is The “Cadillac” Of The Industry. They Carry A Full Inventory Of Club Car Parts And Accessories. Products And Services Include Wholesale Distribution Of Club Car Trade Ins, Custom Cars, New Car Sales, Distribution Of The California Roadster Line, Refurbishing Cars, Accessories, Lift Kits, Tires And Rims, And Repairs And Maintenance Of Customer Owned Units. Thorough Books And Records.
The Business Is Surrounded By Numerous (14) Golf Course Communities And Is Located In Riverside County, The Fastest Growing County In The United States. The Business Has Prime Highway Frontage, With Below Market Rent. The Owner Of The Building Is Open To Selling. Upside Potential Includes Opening Remote Sales Outlets, Adding A Sales/Marketing Executive, Providing Cart Rentals, Attending More Home And Boat Shows, And Enhancing Their Web Site.
Target Customers Include Any Company Requiring Ground Transportation, Including Golf Courses, Apartment Complexes, Gated Communities, Parking Lots And Recreational Centers.
The Ideal Buyer Would Be Someone With Sales Skills And The Management Talents To Double Sales Within 18 Months, Or A Company In This Or A Related Industry That Wants To Expand.
General Information
Year Established: 1994
Employees: Two Full, One Part Time. Monthly Payroll Of 5,820.
Facility: 2,000 Sq. Ft. Facility With A Large Fenced-In Area At A Lease Cost Of 2,625/Month, Expiring In December 2006 With A Three Year Option.
Price Includes: Furniture, Fixtures And Equipment, And Tenant Improvements. Inventory Of 150,000 Not Included.
Support/Training: Seller Will Provide Training.
Reason Selling: Owner Is Moving To Mexico.
Asking Price: 960,000 + Inventory
Gross Revenues: 2,250,400
Seller’s Discretionary Earnings: 371,900
|
Business For Sale Photos
|
|
