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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