Issue link: http://deals.uberflip.com/i/1485860
Golf Cart & Commercial Equipment Business Located in Texas | Price: Bid #66353 2022 Revenue $4,614,454 2022 Cash Flow $599,879 DISCLAIMER: All information contained in this document has been provided by the subject company to Generational Equity and while believed to be correct has not been verified. Accordingly, Generational Equity makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that Generational Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Generational Equity of this document. At all times Generational Equity and its affiliate network members is an agent for the seller and not for the buyer. Generational Equity's fees are paid by the seller. Lane Carrick Senior M&A Advisor Email: lane@the86group.com Office: 469-828-2841 Generational Group 3400 N. Central Expy #100 Richardson, TX 75080 Fax: 972-232-1193 BUSINESS HIGHLIGHTS This business is a retailer and service center for some of the top brand name golf carts (low speed vehicles - LSVs) and commercial equipment. These product lines are seasonally complementary, resulting in steady year-round sales. The company offers a one-stop shopping and service experience for their customers, providing a line of accessories as well as a service center supporting routine maintenance. The business enjoys superior name recognition and a strong reputation for positive customer experiences. This has resulted in a high percentage of repeat customer business. The company has enjoyed strong year-over- year revenue growth and stable, predictable profitability. 8 employees 90,000 SF facility (R/E owned) 4.85 inv. turns in 2021 • Increasing Operating Efficiencies - This business has increased their annual inventory turn from 3.45 in 2019 and 4.14 in 2020, to 4.85 in 2021. Ownership has managed the company very effectively through the pandemic and is now seeing increased sales and service revenue. • Large Inventory of Branded LSV's and Power Equipment—The company carries a wide selection of branded LSV's and power equipment to satisfy customer demand. • • Effective Inventory Management - Ownership made a significant investment into additional inventory during the pandemic. As a result, they believe their current inventory level ($695K) is the largest of any similar retailer in their trade area—and many competitors have very limited inventory at this time. • Diversified Customer Base - This company has a very diversified customer base—90% of sales come for direct sales to consumers, while the remaining 10% comes from universities and other businesses in the area. No single customer represents a significant percentage of annual revenues. GROWTH OPPORTUNITY Geographic expansion within the U.S and into Central America Additional 30,000 un- used SF in existing facilities Projected Performance Investment Highlights Business Stats Sign NDA ►