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#Business ID: 15826

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Popular Italian Car Racing Team

Business Location: Ancona, Ancona, Marche, Italy

Asking Price: € 100,000 Revenue: € 250k to 500k Cash Flow: € 0 to 100k

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

Italian car racing team existing from 2006. It took part to the European GT championship during the 2007 witj Lotus Exige, then Italian Porsche Carrera Cup in the 2007, Italian Seat Leon Supercopa 2008 - 2011, Peugeot RCZ Racing Cup 2012 and leading the Italian RCZ Racing Cup 2013 with 3 cars. Available to sell the business with all the drivers contracts alreay signed for this year and available to continuing of managing the team for Italy or European championships.

Property Details

Years Established:

2006

Property Type:

Lease

FF&E:

€ 50,000

Inventory Value:

€ 100,000

Real Estate Value:

Other Business Details

Business Location:

Industrial Area, just 5 minutes from A14 motorway and 30 minutes from the Ancona airport.

Competition:

Just few respectable racing teams still in the market all in financial crysis so the right moment to push them out from the market.

Expansion Potential:

Thanks to a well know name on the market we can grow everywhere in Europe.

Business Operation Details

Employees:

2

Support & Training:

Any handover supported and available to continuing managing the company.

Relocatable:

Business Relocatable

Miscellaneous Details

Reason For Selling:

looking for a owner that can push up the business, We know how to do it but we don't get the right financial support.

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