Asking Price: $2,200,000

Gross Revenue: $800,000

Cash Flow: $350,000

Inventory: $10,000 (Included in Asking Price)

FF&E: $200,000 (Included in Asking Price)

Seller Financing: possible 10% owner financing for qualified buyers

This is a beautiful race track that has a steady 75-90 drivers racing weekly in multiple formats for 20 weeks a season. The owner is a real estate developer who's done a terrific job in creating the most beautiful, NASCAR short-track in the country. He's been leasing the track to an operator who's in his 60's and retiring. The real estate owner doesn't have time to step in and operate this business so he's looking for a new operator to take it over. The track has a record of consistently good cash-flow. This can be validated by speaking with the current operator. There's a strong food & beverage component to the business as well as sponsorship promotion element to the business. Each of these service lines contribute significant cash-flow to the business. The third strong contributor to cash-flow is entry fees. Prospective buyers will need to do their own due-diligence to validate numbers and cash-flow. As the Seller has limited information as a result of his lease commitment with the current operators who are retiring. The venue is perfect for expansion for other revenue and promotional events in the offseason like concerts, car shows, flea markets, etc. Additional races can also be added. Today it only races on friday nights. A new owner could race on Saturday nights with another format race. The season starts April 14th. A new buyer can get all revenues for this season if interested if they can close within a few weeks of this date. As revenues can be placed in escrow.

Year Established: 1956

Facilities: This is a gorgeous asphalt short track on 50+/- acres with multiple buildings and facilities. It's been recognized by NASCAR as one of the nicest short-tracks in the country. There are VIP Suites, grandstands, parking, office, food & beverage, ticketing, retail and food & beverage facilities included in the price. All facilities are in very good to excellent condition.

Market Outlook and Competition: Very little competition for this track, although there are 3 other tracks within 100 miles of this track. It's almost impossible to recreate this track for less than $4mm The track brings in 1400-1600 paying guests per race. The facilities can handle up to 5000 paying guests. This business needs someone who loves NASCAR and someone who has good entertainment promotion capabilities. The business gets limited promotion today.

Management Training and Support: The Seller will provide training for 4 races on all aspects of the business operations

Reason For Selling: Seller is large real estate developer who's core business is booming; no time