Active
Golf Cart Repair and Rental Business
Well Established Golf Cart Repair, Sales, Rental and Service business with a proven history of profitability. The owner will stay with the Business if desired. The owner will provide two weeks of training at 20 hours per week. This Business has many repeat customers that rent carts for special events and customers that take their carts there for repair and service which is a funnel to their sales department. They also have distributorship relationships with several manufacturers.
The golf cart industry is repositioning its traditional market base, moving beyond golfing activities towards sustainable
transport options for businesses and households. More time spent on leisure and sports and a growing interest in eco-friendly choices
have boosted golf cart sales.
The trend toward personalized golf carts has generated a diverse base of demand. This move towards personalized golf carts has
extended to the inclusion of technology enhancements, increasing consumer appeal and usability.
Listed By: John Willingham
Background information
Year established:
2000
Reason selling:
Property Settlement
Finance
Sales:
$696,910
Profits:
$97,988
Operations
Employees:
The Business uses contract labor.
Inventory:
$21,000 Parts
Furniture fixtures and equipment:
5,000
Premises
Facility:
Approximately 2500 sq. ft. with yard space see Photo Addendum
Square footage:
2500
Rent and lease terms:
Month-To-Month at $1,200 per month.
Location:
1636 S. Union Ave. is a main traffic artery going North and South it used to be Highway 99.
Opportunities
Growth:
The golf cart industry is repositioning its traditional market base, moving beyond golfing activities towards sustainable transport options for businesses and households. More time spent on leisure and sports and a growing interest in eco-friendly choices have boosted golf cart sales. The trend toward personalized golf carts has generated a diverse base of demand. This move towards personalized golf carts has extended to the inclusion of technology enhancements, increasing consumer appeal and usability.
Market:
A search of the Market showed 3 competitors in the market area.
Price and terms
Price:
$210,000
Down payment:
$31,500
Financing:
Possible SBA loan for 85% of the purchase.
Training:
The owner will give the buyer 40 hours of training and additional training for an hourly fee.