| Asking Price |
$2,200,000 | Inventory |
$10,000* |
|---|---|---|---|
| Gross Income |
$720,000 | Real Estate |
$2,700,000* |
| Cash Flow |
Not Disclosed | Year Established | N/A |
| FF&E |
$300,000* | Employees | N/A |
* included in the asking price
** not included in the asking price
This gorgeous race track hosted 50-90 drivers weekly in multiple formats. Some years its had 75-90 drivers per week. The owner is absentee and doesnt know much about racing, as such, he'd like to bring in an operating partner with NASCAR and promotions experience to run the track or will sell outright. This facility has been recognized as one of the most beautiful short-tracks in the country. There are 3 key facets to revenue for this business: 1. food and beverage sales 2. sponsorship and promotions component 3. ticket sales/entry fees. A POS system was added to manage cash.
Attachments: Download additional information (PDF)
Facilities: This NASCAR short-track resides with multiple buildings and facilities on 50 acres. It's been recognized as one of the nicest short tracks in the country. The property has VIP suites, grandstands, track office, ticketing, retail shop, food and beverage services. A dirt track and go karts were added in recent years, boosting track revenues.
Competition: The track brings in approx 1200-1600 paying customers per race. The owner has done a great job maintaining the property, however he's not invested in promotions and he'd like to add new events like concerts, car shows, flea markets, etc. The property can handle up to 5000 paying guests.
Growth/Expansion: The venue could be expanded by adding other events in the offseason - concerts, car shows, bike rallies and more races. The season runs from March thru September.
Financing: Some financing available for qualified buyers
Support/Training: Seller will provide training as needed, however great employees are responsible for the tracks success as the owner does little in the operation of the facility.
Reason Selling: Lives too far away to manage track.

Ginger Dean
704-814-0190
Business Acquisition & Merger Associates
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