Premier Golf Cart Dealership & Service Center with Prime Real Estate

Asking Price$2,400,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,200,000

Inventory$1,628,000
Included in asking price
FF&E$275,000
Included in asking price
Real Estate$575,000
Included in asking price
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Premier Golf Cart Dealership & Service Center with Prime Real Estate


Asking Price$2,400,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,200,000

Inventory$1,628,000
Included in asking price
FF&E$275,000
Included in asking price
Real Estate$575,000
Included in asking price

Seller Financing Available
Business Description
For Sale: A Thriving, Asset-HeavyGolf Cart Company in Iowa
Seize the opportunity to acquire a highly reputable and profitable golf cart retail, rental, and service business established in 2016. This turnkey operation, Brothers Cart World, has built an exceptional reputation for quality and service, becoming a dominant player in its region. With a massive rental fleet of 220 late-model carts, two fully-equipped small engine repair locations, and substantial real estate holdings, this business is primed for continued growth and success. The current owners are offering attractive financing options for a qualified buyer, facilitating a smooth and accessible transition.

Key Investment Highlights:

Established: Operating successfully since 2016 with a strong brand and loyal customer base.

Massive Rental Fleet: Includes 220 well-maintained, late-model golf carts, providing a significant and immediate revenue stream.

Extensive Real Estate Included: The sale includes three buildings totaling approximately 42,000 sq. ft., a rare and valuable asset that provides stability and eliminates lease uncertainties.

Dual Full-Service Repair Shops: Two dedicated small engine repair facilities, each strategically equipped with its own wash bay and two-post automotive lift, allowing for efficient, high-volume service and repairs.

Turnkey Operation: The sale includes all necessary FF&E (Fixtures, Furniture, and Equipment), a shop truck, and multiple trailers for cart transportation, allowing a new owner to generate revenue from day one.

This sale is a comprehensive acquisition opportunity comprising four key components:

1. Prime Commercial Real Estate: Three well-maintained buildings spanning a combined ~42,000 square feet. The infrastructure is purpose-built for this industry, featuring service bays, showrooms, and storage, providing unmatched operational efficiency.

2. Complete FF&E and Vehicle Package: All assets required for operation are included. This encompasses shop tools, diagnostic equipment, office furniture, point-of-sale systems, a reliable shop truck, and four trailers specifically designed for efficient cart logistics.

3. The Established Business & Goodwill: You are not just buying assets; you are acquiring a respected brand name, a proven business model, established supplier relationships, and a loyal customer following built over nearly a decade of dedicated service.

4. Substantial Rental Fleet: A meticulously managed fleet of 220 golf carts, all less than four years old. This asset is the engine of a high demand, recurring rental revenue stream serving local events, communities, and commercial clients.

This is a rare opportunity to step into a leadership position in the booming recreational vehicle market with a business that boasts tangible assets, diverse revenue streams, and a stellar reputation. Ideal for a strategic buyer looking to expand their footprint or an entrepreneur seeking a proven, high-value business with significant physical assets.
About the Business
Years in Operation
9
Employees
5 (1 Full-time, 1 Part-time, 3 Contractors)
Facilities & Assets
3 Total Buildings. Main Showroom in Ida Grove Iowa, includes a storage area, shop (with wash bay and two-post lift). Second building in Mapleton Iowa for winter storage (with wash bay and two-post lift). Third building in Mapleton Iowa for winter storage.
Market Outlook / Competition
We are passively running the business, only focus is rentals (course and tournament). In 2024 when we had the show room operational (Textron and Kawasaki) we generated 1.2 million dollars in revenue. The need for Small Engine Repair is significant and could represent another 150-200K in revenue. Depending on what the showroom is utilized for the growth potential in the area is upwards of 200-400K.
Opportunities for Growth
Depending on what the showroom is utilized for the growth potential in the area is upwards of 200-400K. Expand the reach of rentals and bring back new cart sales. The local market will support the business, one owner is remote, and the other owner is past retirement age.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
42,000
About the Sale
Seller Motivation
Retirement
Transition Support
We currently have 11 courses we provide rentals to, the transition will be easy. We have a strong partnership with largest Textron distributor in the Mid-West.
Financing Options
Seller financing with reasonable down payment.
Listing Info
ID
2415333
Listing Views
Business Location

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Business Listed by: Jeremie Davis

Listing ID: 2415333 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 of Use. Learn how to avoid scams.