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Golf Cart Service and Repair Business For Sale - Street Legal

W. California Ave, Youngtown AZ 85363, Phoenix Sun Cities, Arizona, United States
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Asking Price$115,000
Revenue$239,357 Established2000
Cash Flow$32,253 Employees3 full-time
FF&E$22,000* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This golf cart servicing business was established 20 years ago and has been consist  in good and bad economic times. It is in the center of the Phenix metro west valley's "street legal cart" retirement communities. When it was sold the first time in 2003 it was averaging $147,000 in revenue. When it was sold again in 2006 sales and increased to $268,000.
Currently the business thrives on the annual influx of "snowbirds". Summer revenue is maintained by servicing 18 commercial accounts.
Facilities:3,000 sq ft in a small strip center. Rent is $2,200/mth with another year remaining on the lease. This is the original location of the business and has easy access to the entire west valley.
Competition:They are two major branded new cart dealers within a block of this business. The business because of it's reliance on service and repair it does not compete head to head with these or any other of the big retailers located throughout the Sun Cities. One major independent service provider in Sun City recently closed leaving a significant portion available for the taking.
Growth Potential:Additional low end used carts can be purchased and resold. The business has a toe hold in a number of commercial accounts which can be developed.
Training/Support:2 weeks on site and 4 weeks phone consultations
Sale Reason:Retiring
Ad #115303
Seller Reference #190801OSG
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Contact This Seller
Ward Adams
Havelock-Adams, LLc
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