Profitable Golf Cart & Utility Vehicle Business-Sales, Service, Rental

Los Angeles County, CA (Relocatable)

Seller Financing Available
Profitable Golf Cart and Utility Vehicle Business - Sales - Service - Rental
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Asking Price: $750,000

Cash Flow: $251,679

Gross Revenue: $1,809,453

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $5,000 /Month

Established: 2002

Profitable Golf Cart & Utility Vehicle Business-Sales, Service, Rental

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Business Description

Profitable Golf Cart & Utility Vehicle Business-Sales, Service, Rental

Profitable Golf Cart and Industrial Vehicle Business for sale in North Los Angeles County specializing in sales, services and rentals. Established in 2002, an easy to operate business with consistent revenue and cash flow as well as trained employees in place. The business operates from a large 37,000sf + yard with multiple buildings including offices, garages and more at $5000/mo. Landlord will cooperate with additional options.

Company has developed a strong word of mouth referral business and has a loyal customer base with the entertainment industry, Universities and other schools, hospitals, large corporate facilities, charity events and more. The company specializes in golf carts and industrial vehicles that are both gas and electric. Services included:

• Sale of new golf carts and industrial vehicles
• Sale of used golf carts and industrial vehicles
• Rental of golf carts and industrial vehicles
• Service of golf carts and industrial vehicles
• Customization of golf carts and industrial vehicles
• Sale of parts for golf carts and industrial vehicles

Purchase price includes a large inventory of Tangle Assets including:

• Inventory of large trucks and trailers used in the business
• Inventory of New/Used Golf Carts/Industrial Vehicles for Sale
• Inventory of Golf Carts/Industrial Vehicles for Rent
• Inventory of “Reconditioned” Golf Carts/Industrial Vehicles for sale
• Inventory of parts of approximately $141,000+/- at cost

Trained employees in place including a General Manager who runs the business as the owner is “quasi absentee” and not actively involved. Consistent earnings history and excellent books and records. Several opportunities for growth. Current owner does very little marketing. SBA finance may be available for a qualified buyer or Seller will consider seller finance with a minimum down payment of 50% for a qualified buyer. Seller to provide training to Buyer at no additional cost. This is a great opportunity to purchase an established business with a large amount of assets included and great prospects for future growth.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button or email info@certifiedbizbroker.com to receive a confidentiality agreement and learn more about this opportunity.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
37,000
Lease Expiration:
2/28/2021
Employees:
6 FT 2 PT
Facilities:
Large 37,890 sf yard with multiple buildings Multiple buildings with unknown square footage
Competition:
Seller to Discuss
Growth & Expansion:
Seller to Discuss Multiple Growth Opportunities
Financing:
Seller will consider seller finance for a qualified buyer with good credit and a sign
Support & Training:
Seller will provide training at no cost to qualified buyer.
Reason for Selling:
Retiring
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Contact the Seller

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Matt Coletta, CBB, CBI, M&AMI

Business Listed By:
Matt Coletta, CBI, CBB

M&A Business Advisors

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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