Golf Cart and Utility Vehicle Distributor and Dealer - BN000040579

The Company is a golf cart distributor for Yamaha and a dealer for Club Car, Evolution and Vivid. The Company maintains two stores in the Midwest offering sales, rentals, parts, and service. The Company acts as a dealership for golf and utility vehicles, with the added benefit of providing rental vehicles for large event rental.

Key Aspects

• Diversified customer base and multiple revenue streams

• Strong recurring customer rate due to high profile

• 54% of 2023 revenue was derived from recurring customers

• Multiple long-term maintenance contracts in place with golf courses

• In the late stages of development for proprietary golf cart rental software

Opportunities

• Poised to expand into neighboring markets with a strong cash position and growing supplier unit allocations

• Ability to finish development and sell proprietary golf cart rental software

• Expand customer base into the dealer customer segment to increase sales

• Capacity to increase revenue from increased sales presence with minimal effect to costs

Current Markets

• The Company currently serves a wide variety of markets including golf courses, other licensed dealers, and retail customers across the Midwest, United States

Real Estate

• The Company operates out of its Midwest headquarters and an additional Midwest office. Both locations are leased and have some to significant room for expansion.