Leasehold Prestigious Racing Car Designer and Manufacturer
Price:
Leasehold - £175,000
Business Type:
Corporate Businesses
HISTORY
• Founded by vendor some twenty five years ago on the back of considerable personal success in the motor racing world
• Range of products and services expanded considerably over the past two decades
• Now a “one stop shop” for motor racing requirements
• Turnover has exceeded £1m in the past
• Currently run at a pace to suit lifestyle of vendor who would be happy to continue involvement in the business if required
• A very well known name in the industry
PRODUCTS
• Manufacture of in house designed race cars for race days, track days and hill climbs
• Range of three racing cars, all competition compliant, and built to customers’ specifications
• Full range of tyres, consumables, accessories and spares sold
• Runs own championship in Ireland with twenty cars
• Pre owned vehicle sales
• Stock holding approximately £75,000
SERVICES
• Full racing support service to customer requirements
• Technical support at events
• Pre event preparation and post event servicing
• Transport
• Race car hire for track days and event days
• Insurances
CUSTOMERS
• Mainly wealthy individuals and enthusiasts
• Based throughout the UK with some overseas customers
SUPPLIERS
• Many components fabricated in house
• Other products sourced from within the industry
PREMISES
• A large workshop facility in a rural setting with ample space for parking and storage
• Two offices
• Workshop
• Fabrication facility to rear
• 1999 Iveco sign-written lorry for vehicle transport
• 2005 Nissan sign-written medium Navara pick up
• Trailer
• Large quantity of equipment and tooling (some specialist) including welders, saws, lathes and hand tools
STRENGTHS
• Well known and prestigious name in the industry
• Discerning repeat customer base
• Excellent racing car designs with true racing pedigree
• Extensive contacts within the industry
• Irish championship
• Superb location in the UK close to London and within easy reach of other players in the motor sport arena
• Website
LOCATION
• Trading from workshop and garage premises in Essex
• Rural location with ample parking and storage
• Superb facility for racing car design, development and preparation
• Ideal location given the UK’s pre eminence in the motor racing arena
• The vendor owns the freehold which includes a number of additional industrial units. The freehold may be available by separate negotiation
• Should a lease be preferred, then this would be available with terms to be discussed
Workshop:
• Mon to Fri: 9am to 5pm
Race events and support:
• As and when required
UK Non-Specific
£ 800,000
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