Return to broker profile

Leading Racing Parts Supplier--Meteoric Growth

Georgetown County, SC

Leading Racing Parts Supplier--Meteoric Growth
Contact Seller

Asking Price: Get Financing: $1,775,000

Cash Flow: $430,000

Gross Revenue: $1,400,000

EBITDA: N/A

FF&E: $115,000

Inventory: $125,000

Established: N/A

Leading Racing Parts Supplier--Meteoric Growth

Get Financing Save Print Share Valuation Report

Business Description

Racing Parts Supplier--Modest origin transforming to Rocket Growth

VERY PROFITABLE Racing Supplies Business--Current Owner involvement since opening. Trusted Experience is key to High Integrity Customer Care. Loyal & Growing Customer Base-Formula Racing is beach head --expansion into new formats each quarter--700 active Driver/shop accounts--100 new in 2018. Three FTE including working owner. Fully equipped shop/ office/warehouse/tools/accessories & vehicles. In 2018, New Traveling/Selling Trailer Purchased and modified for track event interaction. Brand Name Lines--several Exclusive Selling Rights deals including some "no touch" commission models. Three Yr CAGR --Revenue >50% Three Year CAGR --Cash Flow > 150%. Opportunity available because Owner recognizes next growth plateau requires more process and Cash--Owner willing to sign a 2-3 year employment contract to manage sponsorships/vendors/strategic advisor.

Detailed Information

Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Contact Seller

Contact the Seller

Contact Seller Loading

Michael Korizno

Business Listed By:
Michael Korizno

North American Alliance of Business Brokers

Show Phone Number

View My Listings


Sponsoring Broker:
Scott Radin

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1556904 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Meineke Car Care Centers

Franchise Opportunity
Capital Required: $250,000