Golf Cart Dealer / Repair Business
$450,000
Oakland County, MI
Gross Revenue
$1,459,373
Owner's Cash Flow
$181,324
Min Down Payment
$45,000
Employees
4 FT
Business Summary
This is a golf cart sales and repair business that also offers custom work for all brands of golf carts. The company sells both new and used EV golf carts. Pickup and delivery is also offered for their customers across the state. This company is capable of handling mostly anything golf cart related. Asking price does not include the cost of the current inventory, which will be calculated closer to the time of sale.
Key Highlights
Year established
1999
Real estate
Owned will lease
Reason for selling
Owner is retiring.
Support and training
3 - 6 months.
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Consolidated Cashflow
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Gross Revenue | $6,895 | $7,658 | $4,975 |
| COGS | $927 | $3,080 | $5,288 |
| Gross Income | $5,968 | $4,578 | ($313) |
| Operating Expenses | $940 | $7,089 | $7,649 |
| Operating Incomes | $5,028 | ($2,511) | ($7,962) |
| Net Other Income (Expenses) | ($8,911) | ($4,742) | ($601) |
| Net Income | ($3,883) | ($7,253) | ($8,563) |
| Interest | $3,046 | $7,217 | $9,574 |
| Depreciation | $7,708 | $6,890 | $5,001 |
| Amortization | $8,397 | $49 | $9,124 |
| EBITDA | $15,268 | $6,903 | $15,136 |
| Add-backs | $63,151 | $62,047 | $77,259 |
| Owner's Cash Flow | $78,419 | $68,950 | $92,395 |
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Projected Free Cash Flow
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