Leading Factory Authorized Golf Cart, ATV, and UTV Dealership
Financial Information
- Asking Price: $299,000
- Gross Revenue: $1,440,933
- Cash Flow: $144,047
- Down Payment: 0
- FF&E (Included): N/A
- Inventory: N/A
- Financing: No
Business Location
- Hamblen
- Tri-Cities
- Tennessee
This East Tennessee based golf cart, ATV and UTV dealership is a local leader in top of the line factory and custom recreation vehicles. This company averaged $1,336,144 in revenue over the last 3 years and is projected to outpace that in 2020. Seller discretionary earnings in the last 12 months is $144,047. This company has operated based on word of mouth referrals and its longevity in the marketplace. There is significant opportunity both on the new & pre-owned sides of the business. Its current structure is with an owner operator. This structure could continue, or there is an opportunity to run this company with a General Manager via Part Time Manager Owner or Investment Owner
Support / Training Comments
The seller is willing to train and transition the purchaser for a mutually agreeable period immediately following closing to ensure a smooth and seamless transition.
Reason For Sale
Seller is transitioning to retirement.- Home Based: No
- Year Established: 2007
- Franchise: No
- Willing to Train: Yes
- Relocatable: No
- Required Licences:
- Is Property Leased: Yes
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: N/A
- Fulltime Employees: 5
- Part time Employees: N/A
- Is Management Staying: No
- Distressed: No
- Monthly Payroll: $0
- Building Size: 6000 sq ft
- Monthly Rent: N/A