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Sale Pending

Premier Golf Cart Dealer with Real Estate


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Business Description

This golf cart supplier offers a unique opportunity to be a part of a well-established business with a strong reputation. Since 2012, this company has been efficiently run, providing great cash flow and stability for an incoming buyer. The company benefits from highly favorable customer dynamics and a high volume of repeat customers, which is a testament to its quality employees, exceptional work, and customer service approach. With a significant portion of new sales secured through word of mouth, referrals, and its outstanding reputation, the company consistently outperforms competitors in the market. This premier golf cart supplier is not only sought after by customers but also offers the added advantage of owning real estate, making it an attractive investment opportunity.
 

Detailed Information

Inventory:
 Included in the asking price
Real Estate:
 Can also be purchased and is not included in the asking price
Building SF:
16,900
Employees:
3
Facilities:
 Comprising a shop, showroom, and office with a captivating entrance, it also boasts four spacious commercial garage bays for all business needs. Additionally, there's an extra 1,500 square feet of office space in the loft with a separate entrance for added flexibility.
Competition:
 The golf cart market size presently is $1.41 billion. It is estimated to increase to $2.07 billion by 2033. The market is expanding due to the desire and necessity for low-speed vehicles for various uses. Smaller companies engage in golf cart sales, yet none can match our business size, range of services, and level of customer service.
Growth & Expansion:
 
Market to new industries: commercial, housing projects, hospitality, tourism industries, colleges and universities. Expand service offerings to include a parts and accessories e-commerce store, mobile service/technical department, out-of-state offerings, and golf cart rentals. Expand product line to other adjacent industries (boats, RVs, etc.). Increase dealership offerings. Expanding hours to be open on weekends.
Support & Training:
This company has experienced, capable employees and ownership has no reason to believe any would be inclined to depart on a sale. The seller is open to negotiation on the training and transition of the business and is willing to do whatever it takes to successfully hand over the business and property.
Reason for Selling:
 Pursue other interests and relocate
 
 

 

 

 



Wayne Wright, CBI, CM&AP

 


Listed By: Wayne Wright