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#4316
Wilmington
North Carolina

Easy Money?

$170,000
Easy Money?
This Listing is Expired

Easy Money?

Perhaps not quite, but . . .

 

Imagine a coastal Carolina market where customer demand exceeds supply of your very profitable service?

 

Look no further! This growing electric golf cart rental business can be yours!

 

Live at the Beach - choose either full time or just be there for the summer season. Work part-time about 15 weeks per year (spring break and summer).

 

Established 6 years ago, seller earned $60,000++ in 2014.

 

Seller has other demanding business interests and has reluctantly decided to put this excellent rapidly-growing business on the market for $170,000. Price includes 27 carts. Give yourself an instant raise by adding more vehicles.

Vacationers just love to use these modified* street-legal 4 seat golf carts rentals to tote their coolers, chairs and paraphernalia to the beach during their stay. They are much more convenient to park than that big ol’ SUV. It is also mega-cool to show up at the dinner spot, park easily and drive back to the cottage with the headlights on.

There is very little competition and this company offers the lowest pricing on the island. All of the bookings are done online; cart delivery and returns are handled by a part-time staff of two students. Carts are purchased from a major national manufacturer returned fleet rentals, which are refurbished and upgraded locally.   

Clearly, this attractive business offers the new Owner plenty of free time in a laid-back, warm weather location. with a minimum of business risk, with the modest investment backed up to a significant degree by tangible assets.

Shouldn't YOU be the one to make the call on this opportunity?

* All carts have Vehicle Identification Numbers (VINs) and are fully compliant with North Carolina motor vehicle laws and seat 4 passengers. Each has a windshield, hardtop, speedometer, head/tail lights, brake lights, mirrors, turn signals, seat belts, wipers, license tags and more.

Management Mel Jones

Lease

Region:
Wilmington
North Carolina

Financials

Last Year's Annual Gross:
$109,809
Last Year's Owner's Cash Flow:
$63,608

Operations

# of Part-Time Employees:
2
# of Working Owners:
1
Hours Open:
Spring Break season, then Memorial Day to Labor Day.
Year Established:
2009

Highlights

  • very profitable
  • simple to operate
  • minimal labor
  • low overhead
  • beach location
  • seasonal

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 3-mi. 5-mi
2014 Total Population 8,954 26,673
Households 3-mi. 5-mi
2010 Number Of Households 2,670 9,288
2010 Persons Per Household 2.19 2.23
Median House Value $266,900 $215,615
Income Per Household $49,750 $44,334
Businesses 3-mi. 5-mi
2009 Number Of Businesses 218 579
2012 Number Of Employees 2,718 8,708
2012 Total Annual Payroll $40,067,000 $115,242,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, foreward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.


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