Golf Cart Sales-Service-Rental

Asking Price$750,000

Cash Flow
$253,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,056,910

Inventory$500,000
Not included in asking price
FF&E$63,000
Included in asking price
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Golf Cart Sales-Service-Rental


Asking Price$750,000

Cash Flow
$253,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,056,910

Inventory$500,000
Not included in asking price
FF&E$63,000
Included in asking price
Business Description
WHAT A TREMENDOUS OPPORTUNITY!!! This golf cart sales, service, and rental company is the number one golf cart company in Southern Colorado. Their showroom and service center is located in one of the regions most beautiful cities. They have a reputation for high integrity, honesty, and exceptional service. The service department performs maintenance, repairs, and tune-ups. Not only do they sell and repair carts but they rent and deliver them as well. Their inventory includes new and used carts as well as custom carts whether they be electric or gasoline powered.

This business was started in 2009 and has continued to this present day with the same owner. Seventy percent of their business is from repeat customers which shows continued loyalty. Thirty percent of their business is service; twenty percent is rental; and fifty percent is sales. They are a dealer for EZ-GO and Cushman golf carts. They service most all brands of golf carts.

Sales have continued to be very strong. Generally, April 15th begins the very busy season for golf cart sales. Sales continue strong through August and then begin slightly tapering off. But that does not mean that business has stopped. On the contrary, business continues strong through the remainder of the year. January and February are generally the slowest months for sales. But rentals continue throughout the year. This company also has a maintenance program for golf communities whereby they pick up their carts, take them to the shop, service the carts, and then deliver them back to the owner. But most of the time, the service work involves other items than just general service. Many cart owners want the new battery system, new seats, new tires, etc. So this concept generates quite a bit of income during the slower months.

This company has a regional marketing and service area. Their area extends into Kansas and New Mexico as well as the state of Colorado. Colorado is experiencing a substantial growth in population. More people, especially baby-boomers are getting into recreational activities and golfing is one of the most popular.

Customers come from several different markets. There are corporate customers who have company outings and need rentals; non-profits such as the Alzheimer’s groups, cancer society, heart association, and other non-profits; and individuals who just like to play golf. Customers who purchase the carts are generally individuals who like to play golf or just want a simpler mode of transportation through their neighborhoods. Businesses such as storage centers, construction companies, and hotel complexes purchase carts to get around their business complex. These could also include companies like RV sales and service, marine sales and service as well as others.
About the Business
Years in Operation
16
Employees
5
Facilities & Assets
Building is 4000 square foot in size and sits on one-half acre of property. Approximately one half of the building contains the showroom and offices and the other half contains the service department.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,000
Rent
Not Disclosed
About the Sale
Seller Motivation
Retirement
Transition Support
30 Days. The buyer will nee to purchase the inventory and will need to be approved by EZ-GO for floor plan financing.
*** The cash flow and gross revenues are based on a three-year average. Sales in 2025 appear to be substantially increasing over 2024.
Listing Info
ID
2336561
Listing Views
1107

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Business Listed by: Larry Blevins American Business Brokers & Consultants

Listing ID: 2336561 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.