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Business Listed by

Sunbelt Asheville/Hendersonville

Contact: Joey Ashley
Office Phone: 828-544-1700
Mobile Phone: (828) 388-8222
Listing ID: ASHEVNC002-N1

Established Golf Cart Dealer

Financial Information

  • Asking Price: $265,000
  • Gross Revenue: ON REQUEST
  • Cash Flow: N/A
  • Down Payment: N/A
  • FF&E (Included): $40,000
  • Inventory: N/A
  • Financing: Yes

Business Location

  • Cherokee
  • Asheville
  • North Carolina
Primary Business Category: All Other Motor Vehicle Dealers

North Carolina Golf Cart Dealership Profitable 11-year-old Golf Cart Sales and Service Company located in the beautiful mountains of North Carolina. The company sells and services new and used gas and electric carts. Company has consistent Revenue around $700,000 with approximate discretionary earnings of $100,000 annually. Seller owns the building which streamlines lease negotiations as well as making training and turnover simple. Ample opportunities to grow this already established and very profitable company. This business is primed for a new owner to come in and grow. This is turnkey with approximately $40,000 in FF&E including truck, trailer, hydraulic lift and tools. Interested in learning more? For a complete confidential presentation, please contact Joey Ashley, Broker at (828) 544-1700 ext. 1.


Competition Description

None in immediate area, however surrounding counties and areas will have similar businesses


Growth / Expansion overview

New owner could add short term and seasonal rental carts and could also pursue contracts with local gold courses (current owner does not sell to gold courses)


Support / Training Comments

Seller will stay on for 2 weeks of training and additional training available if needed. Current owner will remain as landlord of property.


Financing Comments

Seller will consider partial and limited financing on a case by case basis up to 10% of Sale Price


Reason For Sale
Health reasons
  • Home Based: No
  • Year Established: 2004
  • Franchise: No
  • Year Acquired: 2008
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: NO

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Real Estate Asking: ON REQUEST
  • Days Open: Mon-Fri
  • Hours Open: 9am-5pm
  • Fulltime Employees: 0
  • Part time Employees: 1
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: N/A
  • Building Size: 3000 sq ft
  • Parking: 10
  • Monthly Rent: ON REQUEST
  • Lease Expires: 08/30/2019
  • Lease Terms: Current Business owner is also property owner
  • Lease Miscellaneous: Owner will work out lease details and length of Lease

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