10% Down! Leader In The Golf Cart Aftermarket!

Business Overview:

For sale is a 10-year-old business that manufactures and sells direct-to-consumer aftermarket golf cart components. Specifically, the business specializes in bringing affordable yet high-quality big block engine upgrade kits to market. Many parts the company sells are manufactured in the US, while a small amount of the products sold are imported.

The company website is Shopify-based and accounts for 98% of sales, while the remaining 2% is a mix from eBay or dealers. Average order values range from $450 for replacement components to $1,000 for kits. A new owner can grow the business by introducing new product lines, expanding the company to new states that recognize golf carts as low-speed
vehicles, or outsourcing manufacturing.
Revenue and earnings are steadily growing. Increased revenue and earnings in 2020 were
caused by COVID-19 stimulus and reduced labor costs during that year.
The company has 9 full-time employees working in the United States and 2 full-time
contractors working from Columbia. To maintain operations, the new owner should work
around 10 hours per week on tasks such as overseeing operations, resolving issues that
management can't, and optimizing costs.

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Property Features and Assets:

Building Square Feet: 12,000

Market Competition and Expansion:

Growth & Expansion: There are several opportunities to grow the business. First, the buyer can introduce new product lines such as brake systems, roll cages, tires, etc. Another option to grow the company would be opening additional locations in states where golf carts are recognized as legal low-speed vehicles, such as Arizona, Georgia, Indiana, and Ohio. Lastly, the buyer could outsource manufacturing which would lower costs and allow the savings to be invested elsewhere.

Reason for Selling:

Discuss with Seller

Additional Details:

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