Profitable Motorsports Company Seeking Loan in Dubai, United Arab Emirates
Automotive event management company seeks investment to operate supercar driving experiences business.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 820 thousand |
| Run Rate Sales | USD 1.3 million |
| EBITDA Margin | 40 % |
| Industries | Motorsports |
| Locations | Dubai |
| Local Time | 6:45 PM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
18.4 million
for
12.0%
annual interest,
4
years
(Native Currency: AED 67,555,000)
Reason: To purchase land and supercars to start the experience business.
Collateral Available: USD 19 million
Includes physical assets worth
USD
436 thousand
Interested to connect with advisors
Documents
Summary Deck
(3.4 MB)
Business License
(388.4 KB)
Business Overview
- An automotive event management company based in Dubai is planning to takeover a business.
- We organize motorsports events, track booking, racing circuits, race organization, circuit testing.
- We do 15-20 events on a monthly basis.
- Planning to acquire a successfully running racing business in Dubai.
- Business has contract with a private race track in Dubai, created by Union Properties and protected by Royal Decree. Business provides unique supercar driving experience on track and off-road driving.
- We will also acquire 16-20 supercars along with the business that is worth around AED 16 million.
- During the offseason of the business, the cars will be sent to car events in Europe.
- The investor would automatically get access to the whole fleet of cars through the supercar timeshare program.
- Promoters have more than 25 years of experience in motorsports and strategic event management.
- The running supercar racing business is generating 6 million per year with 60% operating profit margin.
- We have partnered with a well-known business who has 50 million media followers.
- We organize motorsports events, track booking, racing circuits, race organization, circuit testing.
- We do 15-20 events on a monthly basis.
- Planning to acquire a successfully running racing business in Dubai.
- Business has contract with a private race track in Dubai, created by Union Properties and protected by Royal Decree. Business provides unique supercar driving experience on track and off-road driving.
- We will also acquire 16-20 supercars along with the business that is worth around AED 16 million.
- During the offseason of the business, the cars will be sent to car events in Europe.
- The investor would automatically get access to the whole fleet of cars through the supercar timeshare program.
- Promoters have more than 25 years of experience in motorsports and strategic event management.
- The running supercar racing business is generating 6 million per year with 60% operating profit margin.
- We have partnered with a well-known business who has 50 million media followers.
Products & Services Overview
- We are an event management company in the space of the automobile industry. We organize motorsports events and racing circuits.- Future business will offer Super Car Rental, Super Car Driving Experience, Off-road Driving, Super Car World Tours.
Assets Overview
- Business owns website, office interiors, furniture and miscellaneous items.- Business we plan to acquire has numerous physical assets. The assets will be the supercars which accounts for 80% of the investment.
Facilities Overview
- We have a rented office of 2,000 sq ft in Dubai.- The business we are trying to acquire has an exclusive contract with 250,000 sqft activity area along with the race track including 6,000 sqft welcome center and 8,000 sqft workshop.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder, Business Consulting, Dubai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysSenior Advisor, Geneva, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Hyderabad, Financial Consultant connected with the Business
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