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Dirt Track Speedway
Location: United States -> Nebraska
Industry: Entertainment and Leisure > Other Entertainment and Leisure




Business Summary

THIS IS A CASH BUSINESS! Established in 1971 and purchased by the current owners in 1996, this speedway is an IMCA Sanctioned 3/8 mile, semi-banked, clay oval. This is the only IMCA dirt track in the area, providing Saturday night racing with seating for about 5,000 people and parking for 2,000 cars. Restrooms and full concession stands are available. Special races and events are held throughout the season. New events and extra race days could double the income. Total assets include $100,000 of inventory, $200,000 of equipment, vehicles, fixtures, and furnishings. A 10 year lease option is available for a buyer of at a rate of $50,000, plus insurance and taxes per year, with a $1.00 option to purchase at the end of the lease, for approximately 40 acres, and the residing buildings. Located in Southeastern Nebraska. Ask for portfolio number 0089.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $355,471
Cash Flow:   $141,979
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1989
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale




Print Listing Id: 700174308
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Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

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



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