Absentee Owned Golf Cart and Electric Vehicle Business for sale in Orlando, Florida. Business sells, repairs, and leases golf carts for a long list of commercial entities including resorts, schools, city governments, security companies, and industrial properties. Business has a 25-year reputation in the area and many of their customers use the vehicles for things other than golf such as transporting goods, workers, and guests around large properties.
Current owner runs business mostly absentee. They have a full staff in place along with a manager that runs the day to day operations. The manager is open to staying on with the new owner. Current owner works zero to a few hours a week mostly looking over the books and the overall operation. A more hands-on owner could easily increase sales. Purchase price includes over $280,000 in inventory. Owner will finance a large portion of the purchase price for a qualified buyer. For more details on this business for sale please call 407-478-4101.
Asking Price: $595,000
Gross Income:$960,582
Cash Flow:$152,085
FF&E:$30,000
Inventory:$280,000
Established:1989
Employees:4
Facilities:
Central location with a sales office, work/repair facility and a large lot to display golf carts on the market.
Competition:
Business has a 25-year reputation in the industry and has an extremely large client base.
Growth & Expansion:
Business continues to grow year after year. A large base of their customers have to continually upgrade and repair vehicles which brings in consistently the majority of the business on an annual basis. New owner can work to market more business online to open up to a more nationwide market.
Financing:
Owner will finance a large portion of the purchase price for a qualified buyer.
Support & Training:
Owner will train and manager can stay on with the new owner.
Reason for Selling:
Discuss with seller.
