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Businesses For Sale   >>   Ohio Businesses For Sale

Indy Car Racing Team

Location  Ohio,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $2500000
Net Profit / Cash Flow  $250000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1993
Number of Employees  1 - 3
Inventory  1375000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Full training provided if wanted
Reason for Sale  Personal

Description  
Indy Car racing team established in 1993 is seeking a buyer for the team. We race in the Indianapolis 500 and have a championship driver whom has won before. Included in the transaction is a 2014 Dallera Honda Open wheel race car that is entered to run the 2014 running of The Indianapolis 500. We will also include the sponsorship contracts and all loyalty rights. All staff will be included this is a turn key business that brings 2,500,000.00 annually. The big deal is the car and driver we contract to run this race. We are selling now and will invest the funds into the team. You will own the whole team, marketing partnership royalties, and everything you need to run in the Indianapolis 500 this year. We are selling this team due to the loss of the owners wife and must sell and walk away. The price listed leaves very little room for negotiations. You will retain possession of the car and we will see to it you are debt free to start and show you what to do give you your driver and it will be the experience of your life and you make money doing it. Serious inquiries should call at 513-849-0338 as this is going to be a quick sale due to the forthcoming race. The car is estimated value of 1,000,000.00


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