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Sale or JV: Nascar Short Track in Racing Country!

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Location

  • CityNot Disclosed
  • State North Carolina
  • CountryUnited States

Not Relocatable

Real Estate Included

Financials

  • Asking Price
  • Sales
  • Profits
  • Profit Type
  • Fiscal Year

Deal Terms

  • Business Is A Franchise?
  • Finders Fee Payable by Buyer?
  • Seller Financing Available?
  • Principals Only?
  • Management Will Stay?
  • Willing To Co-Broker?

This gorgeous race track hosted 50-90 drivers weekly in multiple formats. Some years its had 75-90 drivers per week. The owner is absentee and doesnt know much about racing, as such, he'd like to bring in an operating partner with NASCAR and promotions experience to run the track or will sell outright. This facility has been recognized as one of the most beautiful short-tracks in the country. There are 3 key facets to revenue for this business: 1. food and beverage sales 2. sponsorship and promotions component 3. ticket sales/entry fees. A POS system was added to manage cash.

This NASCAR short-track resides with multiple buildings and facilities on ±50 acres. It's been recognized as one of the nicest short tracks in the country. The property has VIP suites, grandstands, track office, ticketing, retail shop, food and beverage services. A dirt track and go karts were added in recent years, boosting track revenues.

The track brings in approx 1200-1600 paying customers per race. The owner has done a great job maintaining the property, however he's not invested in promotions and he'd like to add new events like concerts, car shows, flea markets, etc. The property can handle up to 5000 paying guests. The venue could be expanded by adding other events in the offseason - concerts, car shows, bike rallies and more races. The season runs from March thru September.

If you are a racing enthusiast with experience in promotions and marketing, this opportunity could be for you!

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