Profitable Recreational & Utility Vehicle Operation Acquisition Opportunity

Todd McGreevy
Todd McGreevy
Last updated 

Non-Disclosure & Confidentiality Agreement Link
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  • Location: Western Illinois

  • Established: 1997

Background

A well-established, family-owned golf cart dealership and service business based out of Illinois, in operation since the late 1997. Over its 25+ years, it has cultivated a strong reputation for quality, trust, and personalized customer care. The company serves both recreational and commercial markets, offering a versatile mix of products and services. 

Key Operations:
  • Sales: New and pre-owned golf carts, including utility vehicles. Outdoor equipment such as leaf blowers and chainsaws from top brands.
  • Service & Maintenance: Comprehensive repair and detailing services to keep carts in top condition. 
  • Rentals & Leasing: Flexible rental and leasing options (weekend, month, season) for individual or commercial clients.

Competitive Strengths:
  • Longevity & Reputation: Over 25 years in business builds strong brand equity and customer loyalty. 
  • Personal Touch: As a family-run operation, the company emphasizes one-on-one service rather than a high-volume, impersonal approach. 
  • Diverse Revenue Streams: Income is not solely dependent on sales; maintenance, rentals, and leasing help stabilize cash flow. 
  • Local Footprint with Regional Reach: Primarily serves its home region but has built credibility and relationships beyond just its immediate town. 

Customer Base:
  • Recreational golfers looking for personal carts
  • Local businesses that use carts for light utility or transport
  • Rental clients: campgrounds, seasonal resorts, or event-based operators

Ideal Buyer:
A strategic buyer could be:
  1. A regional or national golf cart dealer looking to expand their footprint.
  2. An investor interested in a profitable, niche recreational-transportation business.
  3. A business owner in the hospitality, resort, or recreational leasing space who wants to vertically integrate.

Financial Highlights:

  • 2024 Gross Sales: $2,305,231
  • 2023 Gross Sales: $2,126,852

Minimum Business Asking Price: $600,000

  • Includes $230,700 in inventory
  • Includes $70,273 in FF&E

Seller's Estimated Property Value*: $140,000

  • *Not included in asking price 

Reason for Selling: 

  • Retirement

Next Steps

Qualified buyers who complete the NDA form linked below will be provided detailed information about the opportunity via a Confidential Information Memorandum (CIM) 1.0, including: 
  • Tax Returns
  • Location Information
  • Social Media
  • Location Photos 
  • Next Steps 

Non-Disclosure & Confidentiality Agreement Link


NOTE: This business is for sale by owner. The Owner has engaged Marigold Resources to market the business for sale and source qualified buyers; no broker fee is being paid for said services. Marigold will qualify all NDA signors' operational and financial capabilities to acquire this business and connect qualified buyers directly to the owners. Please do not contact the business directly with any questions. Direct all your questions to info@marigoldresources.com or call 563-424-5707.

The Seller is advised by Marigold Resources in Davenport, Iowa.
Please contact Marigold Resources at (563) 424-5707
Chris Barnard - Managing Partner cbarnard@marigoldresources.com
Todd McGreevy - Managing Partner todd@marigoldresources.com
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