3 y/o Unique Texas Based Running Race Series

TX

3 y/o Unique Texas Based Running Race Series

Asking Price:$1,600,000

Cash Flow:$598,380

Gross Revenue:$1,124,349

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:2014

3 y/o Unique Texas Based Running Race Series

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Business Description

For sale a unique running race series which showcases unique venues for running.

With a total of 9 events this unique business host multiple different racing series for runners of all skills levels including 5k, 10k, half marathons, kids races.

Whether runners are beginners or experienced, an elite endurance competitor or an age-grouper looking to cross the finish line, they will find something to suit their tastes through events hosted by this business.

The owners have tweaked their business to include as many clients as possible, including providing a Virtual Race option. The option is available at all events for those wanting to complete the entire series but can’t make one of the races.

The company has also created a chartable segment of their business for those who wish to raise money for a charity, either a partner charity with the business or one of the runner’s choosing.

The owners have spent the last six years creating a top-of-the-line event for the community, and have set it up to be prosperous for at least the next 10 years.

OPPORTUNITIES

Although the business is already highly successful, attention spent toward gaining more sponsors and more media exposure could explode the business. A buyer with a background in marketing would find a gold mine ready for the taking. In addition, attention could be given to increasing registration at events, increasing merchandise for sale, and sending out race packets rather than having participants go out of their way to pick them up.

ASSETS INCLUDED IN THE SALE

Social Media Assets:

Facebook (3 different pages, total followers): 16,828

Twitter (3 different accounts, total followers): 805

Instagram (3 different accounts, total followers): 1,890

Domain Assets:

There are a total of 37 domain names that will be included in the sale.

SUMMARY

TTM Gross Income: $1,1,24,349

TTM Adjusted Net Income: $598,380

Asking price: $1,600,000

To view the prospectus for this business, please visit https://listing.raincatcher.com/listing/3-yo-unique-texas-based-running-race-series/ and follow these steps:

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Detailed Information

Facilities:
The owners rent a storage space for equipment and race material deliveries. The rented storage locker is 390 square feet and has a 50-foot long covered parking space for trailers. The storage locker and covered parking space is $5,681.28 per year. (Home Based)
Support & Training:
Post-sale training will depend upon the buyer’s needs, but the sellers will provide as much as needed.
Reason for Selling:
Shift focus on other business ventures
Home-Based:
This business is Home-Based

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Jason Thomas

Business Listed By:
Jason Thomas

Raincatcher

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Sponsoring Broker:
Keith Marlow

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