Leading Racing Parts Supplier--Meteoric Growth

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Racing Parts Supplier--Modest origin transforming to Rocket Growth
Asking Price:
$1,775,000

Gross Revenue:
$1,400,000
Cash Flow:
$430,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$125,000
included in asking price

FF&E:
$115,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

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.

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Listing Info

ID:
1556904
Ad Detail Views:
217

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Business Listed by

Michael Korizno

North American Alliance of Business Brokers

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Sponsoring Broker:

Scott Radin
North American Alliance of Business Brokers

U.S. Census Data for Georgetown County, SC
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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Georgetown County, SC
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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