Business for Sale

Golf Cart Custom Manuf, Sales, Service - Riveside Area CA

BizEx1127-EM

Background

General Location:So. Cal., CA
Category: Retail
Manufacturing
Years in Business:8
Under Present Owner:8
Hours of Operation:8:00am - 5:00pm, M-F
Owner Hours:Varies
Training:4 weeks @ 30 hours
Organization Type:LLC
Lease Expiration:TBD
Lease Options:Buyer to Negotiate New Lease
Building Size:7,400
Employees:8
Reason for Sale:Semi-Retirement

Financials

Asking Price:$2,499,000
Down Payment:Negotiable
Gross Sales:$2,500,000
Discretionary Cash Flow:$600,000
FF&E:$400,000
Inventory Included?Yes
Inventory:$800,000
Min. Operating Capital:
Real Estate Available?No
Rent:$9,250
Payroll:$20
Financing:SBA

2017 2016 2015
Gross Sales $ 2,493,528 $ 2,424,125 $ 2,175,075
Gross Profit $ 1,024,018 $ 1,011,086 $ 963,185
Disc. Earnings $ 596,558 $ 450,573 $ 379,480

Return to Listings





Eric Mellem
Business Broker/ M&A Advisor
4551 Glencoe Ave. #210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 01220802




Don Mellem
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 155
Direct: 310-882-2200 x155
Lic#: 01845922