Description
Fantastic opportunity for your investor/business entrepreneur to own this well established (since 1999), Low Speed Vehicle, Electric Bikes, and Beach Dune Buggy business. The business carries the popular Icon, Bentelli, Trojan, Evolution, Moke, Kandi and Vanderhall Brands. Owner will be accessible for six months for assistance. These vehicles sell themselves! They are registered with the DMV at time of purchase, and can ride on streets up to 35 mph. Insurance is that of a motorcycle; so super inexpensive. The lease is assumable and on a 20 year lease, set to expire in December of 2030 with option to renew. Current rent is $7000 per month. Additional income is generated with the rental side of the carts. Financials available with a signed NDA. Beautifully painted exterior by local artist, Showroom, private and opened offices, restroom and 2 attached bays.
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Listing Office: BHHS RW Towne Realty
