Auto Dealer for Sale in Sharjah, UAE
For Sale: Established golf cart dealership with steady sales, high profit margins and loyal clients.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 440 thousand |
| Run Rate Sales | USD 440 thousand |
| EBITDA Margin | 40 % |
| Industries | Auto Dealers |
| Locations | Sharjah |
| Local Time | 9:34 PM Asia / Dubai |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
136 thousand
(Native Currency: AED 500,000)
Reason: The business is being offered for sale as the owner is retiring and relocating, making continued inv...
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Includes physical assets worth
USD
68 thousand
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Business Overview
- Established golf cart business with 12 years of operational experience, catering to high-profile clients in the UAE such as Emaar, Habtoor, Rixos, and Hilton.
- Offers a diverse range of products and services including the sale of golf buggies, spare parts, repair services, and Annual Maintenance Contracts (AMC).
- Generates primary revenue through the sale of golf buggies, purchasing them at AED 18k from Chinese suppliers and selling them for AED 28k to AED 30k each.
- Sells approximately 40-50 golf buggies annually, establishing a consistent income stream.
- The business operates with COGS of AED 720k and additional operating expenses of AED 72k, resulting in a lean cost model that supports an EBITDA margin of around 40%.
- Additional income is secured through spare parts sales and repair services, contributing to financial stability.
- Recurring revenue from three annual maintenance contracts with local resorts, providing ongoing service and support.
- Low overhead costs with a 5,000 sq. ft. covered yard in Sharjah (Sajaa) and significantly low rent, making it financially efficient.
- Positioned for growth, this profitable operation is ready for a new owner to scale its offerings in the burgeoning golf cart market.
- The business operates on a trading model that does not require a large workforce. Accordingly, all operations are efficiently managed by a team of two employees.
- Offers a diverse range of products and services including the sale of golf buggies, spare parts, repair services, and Annual Maintenance Contracts (AMC).
- Generates primary revenue through the sale of golf buggies, purchasing them at AED 18k from Chinese suppliers and selling them for AED 28k to AED 30k each.
- Sells approximately 40-50 golf buggies annually, establishing a consistent income stream.
- The business operates with COGS of AED 720k and additional operating expenses of AED 72k, resulting in a lean cost model that supports an EBITDA margin of around 40%.
- Additional income is secured through spare parts sales and repair services, contributing to financial stability.
- Recurring revenue from three annual maintenance contracts with local resorts, providing ongoing service and support.
- Low overhead costs with a 5,000 sq. ft. covered yard in Sharjah (Sajaa) and significantly low rent, making it financially efficient.
- Positioned for growth, this profitable operation is ready for a new owner to scale its offerings in the burgeoning golf cart market.
- The business operates on a trading model that does not require a large workforce. Accordingly, all operations are efficiently managed by a team of two employees.
Products & Services Overview
The primary source of revenue is from sale of golf buggies followed by spare parts sales and repair services,. Additional revenue is generated through the Annual Maintenance Contracts (AMC), and lastly from rental services.
Assets Overview
Tangible asset:- Machineries and tools valued approximately AED 30k.
- 15 rental golf carts fleet valued approximately AED 220k.
Intangible asset:
- The current trade license is valid for another 7 months and will not be transferred as part of the transaction. Post–business transfer, the buyer will be required to obtain their own trade license. Existing clients will be formally notified of the new license and business ownership through E-mail.
Facilities Overview
We have leased a 10,000 sq. ft. facility at an annual rent of AED 35k. Out of this, 5,000 sq. ft. is used for our operations from a yard-based facility in Sharjah, while the remaining 5,000 sq. ft. has been sublet, generating AED 30k per year. As a result, the net annual rental expense borne by us is only AED 5k.
Capitalization Overview
The business is fully funded by the owner and operates without any outstanding debts or loans. The ownership structure comprises two shareholders, with a 51% stake held by a local partner who is not involved in day-to-day operations.
Recent Activity
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15 hours agoFinance Manager, E-commerce, Dubai, Individual Investor / Buyer connected with the Business
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1 week agoGeneral Manager, Hotel And Resort, Dubai, Individual Investor / Buyer connected with the Business
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