Business Offered For Sale: Motorsport Race Team & High Performance Car Restoration Repair and Servicing Business

Description

Business Opportunity:

An opportunity exists to purchase the business and assets of a successful high performance motorsport race team and high performance car restoration, repair and servicing business operating in the North of England.

The purchase will be executed at the earliest opportunity. All interested parties will be requested to sign a non-disclosure agreement and specifically deal with Middleton Barton Asset Valuation Limited as appointed agent on behalf of the Vendor.

 

Business Overview:

  • Successful high performance motorsport race team with heritage in the competitive racing tiers
  • Established high performance car restoration, repair and servicing business
  • Outstanding reputation in leading high performance car manufacturer
  • Excellent client base and reputation as market leaders
  • Talented and experienced skilled workforce

 

Financial Information:

Period 1/11/21

To 30/10/22

(£)

Year Ended

31/10/21

(£)

Year Ending

31/10/20

(£)

Turnover

2,125,550

2,332,610

1,667,938

Gross Profit/(Loss)

(799,724)

217,124

412,337

Net Profit/(Loss)

(1,277,218)

40,047

129,739

 

Assets Available for Sale:

  • Unencumbered Chattel Assets
  • Goodwill including established and respect race team with long heritage
  • Customer base
  • Intellectual Property
  • Leasehold premises

Location:

North of England, UK.

 

Deadline for Offers:

Best and final offers no later than 12 noon on Friday 26 January 2024, all offers to be supported by proof of funds.

 

Further Information:

For further information or to request a non-disclosure agreement please contact the Manchester office on 0161 359 4633.

 

 

Sector

Motorsport

Turnover

£2,125,550

Category

Business for Sale

Location

North of England, UK
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