Profitable Motorsports Company Seeking Loan in Dubai, United Arab Emirates
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 800 thousand |
Run Rate Sales | USD 1.3 million |
EBITDA Margin | 40 % |
Industries | Motorsports |
Locations | Dubai |
Local Time | 11:51 AM Asia / Dubai |
Listed By | Business Owner / Director |
Status | Active |
- 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 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.
- 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.
- 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.
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Earlier than 15 daysFounder, Business Consulting, Dubai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysSenior Advisor, Geneva, Financial Consultant connected with the Business
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Earlier than 15 daysDirector, Hyderabad, Financial Consultant connected with the Business