RV Park, Race Track and Restaurant

Not Disclosed, IA

Asking Price: Annual Revenue:
$1,950,000 $479,295

Recreation: Non-classifiable

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RE: RV Park, Race Track and Restaurant Broker: Michael Rooney
Owner Financing is Available!
$975,000 down/$975,000 for 60 mos. @ 6%

Quick Facts

Asking Price: $1,950,000
Annual Revenue: $479,295
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $544,932
Real Estate: Not Disclosed
Year Established: 1995
Employees: 12
BBN Listing #: 13974955
Broker Reference #: 5003-12499

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Business Overview:

This is a premier race track located in the mid-west providing racing for professional drivers as well as the amateur racer. Track draws racers from six states on a weekly basis.

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Property Features and Assets:

Business is located on approximately 100 acres and has an RV park as part of the grounds which is included in the purchase price. All buildings and grounds are meticulously maintained. Track surface has been recently ground and polished to provide racers with the best possible racing conditions. Equipment is current and should not need to be updated for at least 5 years. Assets = $177,500

Market Competition and Expansion:

This track is considered to be one of the premier tracks in the area. As smaller tracks close the business is seeing double digit increases year over year and has become "the" track of choice for serious racers. Track saw a 25% increase in revenues in 2016 and another 10% in 2017. The track is located in a prime area in the mid-west and continues to have new drivers weekly. The track has an infield parking and setup area that can be leased to the racers on a seasonal basis. Additional services and corporate sponsorship will provide more growth, opportunities and profits.

Reason for Selling:

Owner is Retiring.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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