Issue link: http://deals.uberflip.com/i/1530972
Low-Speed Electric Vehicle Dealer #68244 Sign NDA ► Location California 2024 Est. Revenue $4,500,000 2024 Est. EBITDA $600,000 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 informati on. 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 are agents for the seller and not for the buyer. Generational Equity's fees are paid by the seller. Cole Preston Senior M&A Advisor Email: cpreston@generational.com Office: 949-209-8744 Generational Equity, LLC 3400 N. Central Expressway, Ste. 100 Richardson, TX 75080 Fax: 972-392-8564 BUSINESS HIGHLIGHTS The Company is an authorized dealer of new low-speed electric cart vehicles including those for commercial, industrial, recreational, and street-legal use. In 2023, revenue was generated from vehicle sales (75%), parts sales (15%), service (5%), transport (3%), and rentals (2%). Approximately 75% of the Company's sales are generated within a 100-mile radius, with the remaining sales coming from other areas of the state. INVESTMENT BANK OF THE YEAR 2017 - 2018 - 2022 INVESTMENT APPEAL • Superior Name and Reputation: The Company is an established and well-regarded small vehicle sales, service, and rental company specializing in golf and utility vehicles. The Company has an excellent reputation for providing quality sales and service in and around Southern California. • Diversified Customer Base: No single customer accounted for more than 6% of revenue during the historical period. The diversified customer base helps ensure that Company will not be significantly impacted by the loss of a single account. • Strong Supplier Relationships, Brand-Name Products: The Company is an authorized dealer for E-Z-GO, one of the top names in the golf cart industry, as well as for Cushman®, GEM®, Club Car, EVolution, and Yamaha. • Favorable Outlook for Industry Growth: The low speed vehicle market is expected to grow from $7.4 billion in 2023 to $10.9 billion in 2028 at a rate of 7.89%. The market is then expected to grow at a CAGR of 8.95% from 2028 and reach $16.7 billion in 2033.