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Automobile Manufacturing Business Investment Opportunity in Asnæs, Denmark

Company dealing in developing technology of race car manufacturing seeks investment.

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
Overall Rating
Partial Stake Sale
USD 1.1 million for 50.0% stake (Native Currency: EUR 1,000,000)
Reason: We want to grow and take the step into hybrid era. This requires increased budget to invest in new t... View More
Includes physical assets worth USD 850 thousand
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Business Overview

- 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.

Products & Services Overview

We deal in driver management and technology development for racing cars.

Assets Overview

Physical assets include 2x LMP2 Dallara race cars, pit box equipment, and office setup.

Intangible assets include management contracts with professional drivers.

Facilities Overview

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.

Capitalization Overview
Not Disclosed
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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