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- RE: $425,000 Great Golf Cart Sales
- Contact: Susan M
- License #: BK3429987
Quick Facts
| Asking Price: | $425,000 | |
| Annual Revenue: | $930,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $185,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $2,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2024 | |
| Employees: | 1 | |
| BBN Listing #: | 988059 | |
| Broker Reference #: | 4186-00133 |
Business Overview:
This is a business whereby you can spend 6 months in the New York area and the remainder in a warmer climate, like Florida.
Kendrys Karts sold 120 golf carts in its first season with $930k in sales for 2024. They are an authorized dealer for Evolution Electric Vehicles and Venom EV. It’s a low overhead, high profit business which is expected to double sales in 2025 due to capturing the entire season, and pre season sales.
The showroom they can rent out to the buyer at a fixed rate of just $1500 monthly with up to 5 year term if needed. With low advertising costs of around $1k using social media ads, the low operating costs sets up the buyer in a very strong starting position.
Most customers arrive in the store from their professionally built website already knowing the exact model they are going to buy. Due to our pricing on the units, there is only competition in the area priced at higher prices than what they charge, mostly due to higher showrooms and operating costs. With low overheads, they can compete at a price their competition can not. This has them delivering golf carts to not only all throughout New York, but also Pennsylvania, South Carolina, North Carolina, Massachusetts, New Jersey, Virginia, Ohio, Michigan, and Indiana, and they haven’t even scratched the surface. Everyone orders from them for the price point alone.
50% of their business is done online or over the phone, not even stepping foot into the showroom. They have set up 4, third party, professional transport companies. Most of these companies all they do is deliver and pickup golf carts. This way it’s done professionally and headache free.
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Reason for Selling:
Discuss with sellerAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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