Buy a business for sale or sell a business for free. Find businesses for sale, franchises, business brokers & commercial loans.

Advanced Search  |   Listings By Email  |   Message Boards  |   Professionals Directory  |   Loans & Financing  |   Business & Mortgage Notes  |   Buyer Resources

FILLASEAT Franchise Opportunity

DirectBuy Franchise Opportunity

GNC Live Well Franchise Opportunity

Business For Sale Search Results

New Search

Get Free Information on all of the Top Franchises

Ask questions in our Entrepreneur Forums

Get a Business Loan

Large Louisiana Karting Complex Plus Speeds
Location: United States -> Louisiana -> New Orleans
Industry: Entertainment and Leisure > Other Entertainment and Leisure




Business Summary

Confidentiality is a concern for the Seller while searching for the right buyer. Exact business location and name will be shared once a qualified Buyer prospect is vetted. NDA required to receive a comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

We seek a $2.75 million investment to establish a state-of-the-art kart racing facility in South Central Louisiana. The investment can be structured as equity or convertible subordinated debt and will complement $4.3 million in bank debt, resulting in a total project cost of $7.05 million. The facility aims to capitalize on the growing interest in kart racing and entertainment venues, targeting a diverse demographic and providing a unique local attraction.

The facility benefits from proximity to entertainment hubs and a growing community and is positioned as a sports complex that hosts national events. Facility highlights include 55+ mph karting track with over 50 configurations catering to all skill levels; Additional amenities include arcade games, party rooms, food/beverage services, and covered viewing areas. Designed to host national-level racing leagues and provide advanced driver development programs. Strategic proximity to the largest karting track in the U.S.

Revenue Streams will come from Kart rentals, memberships, league fees, race entry fees, food/beverage sales, and arcade/game revenues.League operations will encourage customer retention and drive recurring revenue.

The U.S. Go-Kart Racing Tracks industry is valued at $174.5 million (2023) and has grown at an average annual rate of 7.1% from 2018�2023.Aligns with the broader entertainment industry's growth, projected to reach $270.2 billion by 2025 (source: Statista).

The founder is an experienced professional with expertise in financial management, data analysis, and strategic planning.

Investor Benefits include high-growth potential in an expanding market with limited regional competition. Opportunity t


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $19,481
Cash Flow:   $8,393
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $5,855,000
Seller Financing:  No

About The Business

Year Established:  2020
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  In CIM, NDA required.
Reason For Selling:  In CIM, NDA required.




Print Listing Id: 700399077


Can't Find Your Dream Business? Get Free Franchise Information on all the top franchises, Post a Free Wanted Ad on our Message Boards, Get New Listings sent to you, or try our Advanced Search.

Don't forget to Sign up for our Newsletter and get free tips on how to buy or sell a business from the leading industry experts!

Advertise Your Business For Sale   Free Listing!


Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

Also See: Franchise Opportunities > Franchise Resales > Louisiana Businesses For Sale > Louisiana Franchises For Sale > Louisiana Business Brokers



CAN'T FIND A BUSINESS?
Click here to post a free "business wanted" message to the Message Boards.

Click here to get new business for sale listings emailed to you automatically.

Contact the Seller
* All fields are required
Re: GlobalBX ID: 700399077
Your Role
Buyer Type
Experience Level

Yes! I want my FREE e-book and newsletter.
Locked: Slide to right then click Contact Seller.
Do Not Send Spam
GlobalBX does not tolerate unsolicited commercial email or "spam". If you are not a potential buyer of this business, do not use this form.