Golf Cart Custom Manuf, Sales, Service - Riveside Area CA

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Business Description

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, emellem@bizex.net. For a NDA please complete the Buyer Registration at bizex.net.

About the Business

Year Established:
2010
Number of Employees:
7
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About the Sale

Reason For Selling:
Semi Retirement
Training/Support:
Yes

Listing Info

ID:
1446588
Ad Detail Views:
783
Asking Price:
$2,499,000

Gross Revenue:
$2,500,000
Cash Flow:
$600,000
EBITDA:
$600,000
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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License# 01484102

U.S. Census Data for Los Angeles County, CA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Los Angeles County, CA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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Report an Issue The information on this listing has been provided by either 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 full Terms & Conditions.
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