Automobile Manufacturing Business Investment Opportunity in Asnæs, Denmark
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | General Partnership |
Reported Sales | USD 530 thousand |
Run Rate Sales | USD 1.3 million |
EBITDA Margin | 30 % |
Industries | Automobile Manufacturing |
Locations | Marbella + 1 more |
Local Time | 2:40 PM Europe / Helsinki |
Listed By | Business Owner / Director |
Status | Moderately Active |
- We develop technology for the manufacturing of racing cars for teams from Europe and Asia.
- We also have drivers who pay to race with our cars. These contracts are on a 1+ 1 basis i. e. a contract of one year with an option to extend the contract for one more year.
- Also, we sell management services to drivers and provide physical and mental training for athletes. These contracts are from 1 to 5 years.
- Some of our clients are Formula One drivers.
- Our current headquarter is in Denmark, but we are planning to relocate the company to Spain as the owner is moving there.
- One of the main highlights of the business is getting a close relationship with a big manufacturer, Dallara.
- During tests, our cars have been the fastest on track.
- Our business network within motorsport and technology is wide and we are an attractive company for drivers and big car manufacturers.
- Currently, our focus is to develop hybrid technology for race cars.
- Due to Covid our last year sales reduced. But as the economy is reopening, we expect a high growth rate.
We deal in driver management and technology development for racing cars.
Physical assets include 2x LMP2 Dallara race cars, pit box equipment, and office setup.
Intangible assets include management contracts with professional drivers.
We have a single-floor facility in Denmark on a rental basis with a built-up area of around 300 sq ft. The cost for that is 600€ per month.
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Earlier than 15 daysProject’s Analysis, Energy& Renewable & Oil Marketing, Larnaca, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysPrincipal Program Manager, Defense & Space, Silver Spring, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysAdvisor, Buenos Aires, M&A Advisor connected with the Business