Low Speed Golf and Special Purpose Vehicle Dealer
| Asking Price: | $5,500,000 |
| Gross Revenue: | $8,400,000 |
| EBITDA: | $815,000 |
| Real Estate: | $1,340,000 |
| Cash Flow: | $815,000 |
| Inventory: | $4,700,000 |
| FF&E: | $800,000 |
| Established Year: | 1970 |
The business specializes in the sale, rental, full-service leasing, parts supply and service of golf cars, utility vehicles and low speed vehicles. These vehicles are used at golf courses, industrial and commercial settings, colleges and universities, campgrounds, parks, apartment complexes, sports facilities, individual homes and other special purpose venues and seasonal uses
The company has grown in revenues and geographic coverage to capture 60% share of certain markets. Revenues have grown to $8.4 million in 2022.
The company is an authorized distributor and dealer for the top brands in the industry. Parts and accessories are available for all units sold. The service department provides maintenance by service contract or on a time and materials basis. All service staff are factory-trained technicians.
New vehicles have an average selling price of $5,000 in the golf market and $10,000 in commercial and industrial markets with an average cost of $4,000 and $8,000, respectively. There are other low speed, golf and utility vehicles in the company’s sales region.
