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Sale Pending

Racecar & Airplane Communications Systems w/ Real Estate


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Racecar & Airplane Communications Systems w/ Real Estate

 
Daytona Beach, FL (Volusia County)
 
Seller Financing Available
 

Asking Price: $1,970,000

Cash Flow: $387,267

Gross Revenue: $1,196,398

EBITDA: $387,267

FF&E: $248,000

Inventory: $200,000

Real Estate: $850,000

Established: 2001

Business Description

Communications Equipment Business includes Real Estate, Equipment, Vehicles and

Communications Equipment Online Retailer business with real estate. Business focuses on communications equipment specifically for high-performance racecar vehicles and airplanes. Customers include professional racing leagues, professional racers and amatuer racers. Business has an extensive list of equipment that they distribute including headsets, radios, batteries, cameras and tracking systems. Perfect for the racecar or airplane enthusiast that likes going to racing events and competitions. Purchase includes an industrial facility $850,000 where the business has an office and stores equipment. Over $250,000 in trucks, trailers and other equipment is also included in the purchase along with $200,000 in inventory. Business has a 23-year reputation.

Ad#:2277365


Detailed Information
Location:
Daytona Beach, FL
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
2,750
Employees:
26
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Large industrial facility that houses trucks, vehicles, equipment, and about 1,000 square feet of office space.
Competition:
The business has an extensive reputation spanning two decades. They are known as experts in the racecar and airplane industries when it comes to communications equipment.
Growth & Expansion:
There is much more ground to cover when it comes to sales and marketing for this business. Any racecar event around the country is a potential avenue for more sales. Any regional or local airport around the country is a potential avenue for more sales.
Financing:
Possible seller financing for a qualifying buyer.
Support & Training:
Seller will work with the buyer to make for a smooth and easy transition into the business.
Reason for Selling:
Seller is retiring from the industry.


Listed By: Lee Ossin

Background information

Reference:

400-04423RaceCom

Finance

Sales:

$1,196,398

Profits:

$387,267

Profit type:

Discretionary Earnings

Price and terms

Price:

$1,970,000