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Golf Carts, Regional Sales and Service, Major Brand Dealer

Hickory - near Charlotte, North Carolina (Catawba County)

Retail - Miscellaneous Retail | Services - Other Miscellaneous services

$Seller Financing Available

Asking Price $90,000 Inventory $130,000** 
Gross Income $650,000 Real Estate  
Cash Flow $65,000 Year Established 1987
FF&E $20,000* Employees 2

* included in the asking price

** not included in the asking price

The company offers golf cart sales, new and used, along with parts and service. Established in his garage in 1987, the owner has grown the business into a well known dealership with significant repeat and referral business. The company has strong ties within the community, providing complimentary carts for local fairs and events. The Company has a dealership agreement with one of the major cart makers in the industry for new carts. They take trade-ins that are then sold to their growing clientele of farmers, elderly, resorts and the traditional golf enthusiast. They also sell a line of Gator type 4 wheel utility vehicles. They sale and service carts primarily in Western NC but they have sold carts outside the area on referrals. They supply parts and service for all the major brands that include EZ Go and Club Car

Facilities: The company is operated out of two buildings consisting of a repair and inventory shop and an office facility along with 2 trailers used to store parts. A large display lot with ample parking is leased at a rate of $ 1,200/month. The company relocated to the current location in November of 2005. Located on a high traffic road and the location enjoys great visibility. Hours of operation are Monday thru Friday, 8am to 5pm and Saturday 9am to 1pm.

Growth/Expansion: Company could grow regional without dependance on local sales. Addition of an ebay store or online sales for parts and accessories is another channel for growth.

Seller Financing Available: Yes

Financing: Seller financing available to a qualifed buyer with $60k cash available

Support/Training: Seller is willing to train and support as needed, terms are negotiable

Reason Selling: Retriement and family health issues

Business For Sale By

Alan Clark

828-432-2900

The Hatteras Group

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