Business Overview:
This is an unusual opportunity for a talented machinist who wants to live, work and play in Florida. Since its formation as Fred’s Fastrac Machine Ship over a decade ago, this engine rebuilding & performance operation has led its market for most gasoline & smaller sized diesel engine repairs, rework and enhancements. With current monthly revenues of about $25,000, there is ample opportunity to grow and to build a major engine refurbishment & performance enhancement service in an attractive market and geographic environment.
Within a mile of both the Daytona International Speedway NASCAR track and Daytona International Airport, the company has unusual access to racing fans and out-of-town visitors. It is less than 3 miles from one of Florida’s most popular beaches & home to the twice yearly Daytona Bike Week for motorcycle enthusiasts. Both auto racing and motorcycle fans are potential customers as well as any automobile, truck, or recreational vehicle owner who wants to keep their engine at peak performance.
Daytona’s only machine shop with the equipment, staff, experience, and capacity for complete engine rebuilding, repair, and performance optimization.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Recently moved into a 10,500 sq ft, clean, air-conditioned space within 1 mile of the Daytona International Speedway. Includes state of the art engine rebuilding, machining, refinishing & cleaning equipment + a 9 ton vehicle lift & everything needed to rebuild most engines & cylinder heads. All equipment is in excellent condition & can handle boring, honing, pressing, welding, turning, milling, surfacing & cleaning among other tasks. This shop is ideal for a machinist/owner who wants to live in Florida near the world’s premier NASCAR track.
Market Competition and Expansion:
Markets include Daytona Beach & Volusia County north to St Augustine south to Oak Hill & west to DeLand, a fast growing beach area. Provides engine rebuilding & performance enhancement for cars, trucks, motorcycles, marine engines, ATVs, jetskis & any other piston engine. Markets include racing & vintage car enthusiasts, auto dealers & repair shops, stock car racing tracks & anyone interested in engine performance. It is the only automotive machine shop in Daytona Beach. There are three small competitors, one in Edgewater and two in DeLand.
Reason for Selling:
Owner lacks experience and drive to move forward
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Relevant Links: