10% Down! Leader in the Golf Cart Aftermarket!

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 which 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 stimulus and reduced labor cost 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.

Down Payment: $170,000

Total Sales: $1,757,897

Cash Flow: $479,285

FFE: $250,000

FFE Included: Yes

Inventory: $115,000

Inventory Included: Yes

Year Established: 2003

Days & Hours of Operation: Mon-Fri

Owner Hours Per Week: 30

Managers: 1

Monthly Rent: $4,527

Square Footage: 12000

Franchise: No

Reason For Sale:

Discuss with Seller

Training & Support:

Seller will train for 4 weeks, no cost

Financing/Terms:

$1,530,000 for 120 mos at 9%