Services - Amusement & Recreation

Asking Price	$575,000	Inventory
Gross Income	$72,000	Real Estate	Included*
Cash Flow	$30,000	Year Established	1998
FF&E	$400,000*	Employees	15 Full Time

* included in the asking price

** not included in the asking price

A rare opportunity for the serious motor racing individual or organization. A like new sand drag strip facility in a pristine setting with all of the necessary equipment including stadium lighting for night racing. Owners have developed facility because of their love of drag racing. Age and lack of promotional skills have caused them to decide to sell; however, they would like to remain connected on a part time basis. Facility has strong community and local government support plus room for expansion for other motor related sports or for other entertainment venues. Track operates under a full schedule and is certified by the National Sand Racing Association and the American Sand Drag Association. Priced well below replacement cost; local goodwill comes free.

Facilities: A world class 100 yard sand drag strip on 61 beautiful acres in rural Eastern Virginia. All facilities are new or like new and include tower building, full electronics, banked spectator areas, 100 KW stadium lighting, ample parking, and track maintenance equipment. Some 15-20 acres are unused and available for motorcross or other related uses. Facility is designed to limit noise and be family friendly; neighbors and community are very supportive.

Competition: The nearest racing facilities of any type are at least one hour away The nearest qualified sand drag strip is two states away. General area is growing, and it is likely that one or more competitive facilities will shutdown because of development pressures.

Growth/Expansion: Owners have spent five years building this facility. They have used their knowledge of drag racing to build a world class operation. To be financially successful the business needs to be properly promoted, a skill the owners do not possess. With proper promotion, the facility has the potential for substantial profitability. Expansion for other motor sport related uses or for other entertainment venues is also a consideration.

Financing: Seller will negotiate financing

Support/Training: Seller will provide training

Reason Selling: Semi-Retirement