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Auto Racing Parts and Upgrades with Gen-7 car NASCAR exclusive

Mecklenburg County, NC

auto racing company
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Asking Price: $1,800,000

Cash Flow: $620,444

Gross Revenue: $2,040,726

EBITDA: $620,444

FF&E: $100,000

Inventory: $300,000

Established: 1994

Auto Racing Parts and Upgrades with Gen-7 car NASCAR exclusive

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Business Description

Be a name brand in the auto racing business! Very profitable! Over $600,000, Net income (EBITDA) in 2018!

Gen-7 car NASCAR exclusive single supplier agreement for distribution rights of an automotive part. Initial projections are for between 300 and 400 units purchased in the first year (2019 included), as well as another 150-250 for the next 3 years thereafter.

This company sells and ships nationwide, deals directly with over 200 manufacturers, and has become one of the most trusted names in the racing business.

The company’s services include Performance Hose assembly, Nitrous Oxide Filling Station and Safecraft Fire Extinguisher Re-Certifications.

An outstanding staff and reputation keeps this company at the forefront of the lucrative and exciting racing business.

Call Gulfstream Mergers & Acquisitions for more information (704) 892-5151.

Attached Documents


Detailed Information

Location:
Mecklenburg County, NC
Inventory:
Included in asking price
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Facilities consist of a 10,000 SF facility that houses a retail showroom, warehouse and office space.
Competition:
This company is at the top of their field
Growth & Expansion:
Expand and amplify local racing and presence at local tracks. Excellent opportunity for new owner to expand upon the track support to increase both revenues and penetration into the local racers throughout the USA. Gen-7 car NASCAR exclusive single supplier agreement for distribution rights of an automotive part. Initial projections are for between 300 and 400 units purchased in the first year (2019 included), as well as another 150-250 for the next 3 years thereafter.
Support & Training:
Seller will train
Reason for Selling:
Retirement
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(from currently available funds)
 
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Jim Kniffen

Business Listed By:
Neil Boyles

Gulfstream Mergers & Acquisitions

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