A UNIQUE OPPORTUNITY TO ACQUIRE A ONE-OF-A-KIND, FUN + PROFITABLE BUSINESS.
EXCELLENT GROWTH AND EXPANSION OPPORTUNITIES
This custom electric golf cart manufacturing and sales company based in Southern California has built a sterling reputation as the go-to company for high performance golf cars. They design, manufacture, sale and service their own cars as well as service all brands of golf carts. Their factory also refurbishes Club Cars to make moderately priced cars available for purchase and also for short and long term rentals.
Since 2010 they have dominated this niche market and have positioned the company for tremendous growth potential. The company currently does very little marketing and advertising and just in its local market. A new, energized owner could tap into the vast number of golf and gated communities throughout the US and selected foreign countries and greatly increase revenue; especially by adding dealerships. In fact, the current owner has many ideas and projections he can share with a buyer. He is also willing to stay on after COE for an extended period of time for the right situation.
Note: November + December 2017 Sales Revenue is showing a 60% increase from 2016.
This business has SBA Loan Pre-approval for a qualified buyer.
For more information, please contact Eric Mellem, Business Broker with BizEx, (310) 293-6414, firstname.lastname@example.org. For a NDA please complete the Buyer Registration at bizex.net.
Asking Price: $2,499,000 Gross Revenue: $2,500,000Cash Flow: $600,000EBITDA: $600,000Inventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Golf Cart Custom Manuf, Sales, Service - Riveside Area CA
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the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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