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- RE: Build Or Restore Engines For Race Cars
- Contact: Dan Gore
Quick Facts
Asking Price: | $199,000 | |
Annual Revenue: | $183,369 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $53,696 | |
Total Debt: | Not Disclosed | |
FF&E: | $411,339 | |
Real Estate: | Not Disclosed | |
Year Established: | 1971 | |
Employees: | 1 | |
BBN Listing #: | 935512 | |
Broker Reference #: | 1033-18089 |
Business Overview:
53 year old Complete Machine shop for sale that caters to building engines for Race Cars. Amazing inventory of specialty machines for this industry in the 4,000 square foot building. Engine components inventory included. Major distributor of anything race engine related. Unlimited work available in the local racing market if you want it. Current owner slowing down recent years. Almost 80 years old and ready to hand it off, but available to stay on part time or consulting. Full Time employee also available to stay on. High asset value of the various machines included -- many older machines that are considered priceless in this niche industry. Turn-key operation.
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Property Features and Assets:
4,000 square feet building jam packed with machines & parts. Very affordable rent.
Assets - $454,857
Market Competition and Expansion:
More than enough work to go around. Be as busy as you choose to be. Usual mechanic starts at $100/ hour and goes up from there.
Grow it as much as you want.
Reason for Selling:
Retirement/health issues.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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