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					GO-KART RACING, 18 HOLE MINI-GOLF, ARCADE & PARTIES
Mecklenburg County
Lake Norman, North Carolina

Financials

  Asking:    $55,000, OBO
  Gross:     Not Disclosed
  Cash Flow: Not Disclosed
  FF&E:      $39,000
  Inventory: (included in the asking price)

Business Summary

  Love NASCAR racing or the lake living, this business is located in the middle of Race
  City that draws 18.8 million visitors and racing employment annually.
  This Family Entertainment Center offers fast fun for children and adults, with a
  concrete Grand-Prix go-kart track, concrete Slick Oval go-kart track, 18-hole outdoor
  Mini-Golf course, Video Arcade room and party rooms.
  This turnkey business requires no investment in inventory, accounts receivables and
  requires very little actual daily working capital since all payments by customers are
  made immediately. Very easy business to learn and operate with a 2-year perfect
  safety record with no injuries or insurance claims because of our detailed operating
  procedures, DVR video surveillance cameras and the P.O.S. computer system.
  Note: Additional information will only be disclosed to individuals who can
  demonstrate evidence of financial qualifications and sign our Non Disclosure/
  Confidentiality Agreement.

General Information

  Year Established: 2006

  Employees: 1-2 f/t

  Facilities: The leased 1.5AC facility was constructed top notch in 1997 with two
  fully enclosed go-kart track buildings with four sided roll-up doors, small engine
  repair shop building and the 1600 sq ft main building for lobby and two party rooms.
  All the go-kart tracks have a metal and rubber bumper safety rail bumper system and
  fencing all the way around them. The 18-hole mini-golf was professionally design and
  by Harris miniature golf courses. The complete facility is secured with a digital video
  recorder computer and alarm systems.

Market Outlook

  Competition: No local direct competition! Fantastic prime location right off major
  interstate, located next to younger children F.E.C. business and Michael Waltrip
  RaceWorld.
   Rapidly growing area. Perfect demographics - thousands of young families with
  children and teens with disposable income within this market looking for something
  fun to do. 80% of business is repeat and with no nearby competition.

  Growth/Expansion: This business has not begun to scratch the surface of reaching
  new customers and has a huge growth potential with a good marketing and advertising
  campaign. There is stillroom for expanding the business and adding new attractions
  that the seller is willing to share their ideas with the new owner.

About the Sale

  Financing: Prefers all cash buy out, but will consider other offers.

  Support/Training: Seller will provide up to 2 weeks of training on a phase out
  (declining) basis, plus the seller would consider extended assistance with the right
  offer.

  Reason Selling: Family Medical Issues

  Sale Option: Owner would consider selling all the equipment and documentation to
  operate the business in a different location. Owner is including all go-karts and track
  equipment, shop tools and lots of spare parts.



Contact Information

  Dan Larcomb
  Owner/Operator
  Phone: (704) 280-5361
  Dan@ExtremeToysSpeedpark.com
  www.ExtremeToysSpeedpark.com

				
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posted:1/6/2009
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