Primary Category:Sports Related Businesses for Sale
Secondary Category:Golf Cart Sales and Service Businesses for Sale
This Northern California based Golf Car Repair Company is a California Sole Proprietorship and has been in for 25 years, with the last 15 years under the current owner. They provide all necessary services for golf cars and neighborhood electric vehicles (NEV), including tire rotations, wheel bearing maintenance, clean and adjust brakes, steering linkage checks, differential checks, just to name a few. Situated near several golf courses and retirement communities, this business is ideally located with several customers. They even provide consignment services for selling golf cars. The city they are located in is deemed an “all electric city”, meaning they have planned and provided for NEV’s throughout the city limits.
Financial Information
$399,000
Asking Price
$82,000
Cash Flow
$430,000
Gross Revenue
$399,000
Down Payment
Business Location
City:
Northern California
State:California
Reason for Sale
The Sellers are selling to retire.
Detailed information
Year Established:1997
Home Based:No
Franchise:No
Relocatable:Yes
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 1
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:40
Adjusted EBITDA:
$82,000
Inventory Included: Yes
Inventory Value:
$100,000
Monthly Rent:
$3,300
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 3500
FF&E Included?: Yes
FF&E Value: On request
Training/Support
Training is available for 4 weeks at 30 hours per week, and additional training and support can be provided at mutually agreed upon terms between the Buyer and the Seller.
Market Outlook/Competition
Growth can be obtained by increasing marketing efforts and advertising efforts, especially on social media and website. Currently, all business is return customers and word of mouth, without any advertising. Growth can also be obtained by increasing their service territory and expand their geographical reach. Additionally, a new owner could get into new cart sales, something that is currently not done under current ownership.
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