| Asking Price |
$5,250,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$1,500,000 | Real Estate |
|
| Cash Flow |
$527,000 | Year Established | N/A |
| FF&E |
N/A | Employees | N/A |
* included in the asking price
** not included in the asking price
Covered garages, 10 acres of paved parking, 2 concession stands, Grand stands, sports bar, RV Hook ups, Camping area, showers, tire and fuel center, air conditioned classroom and drivers lounge. 1.8 mile circuit race car track located on 162 acres.
Attachments: Download additional information (PDF)
Facilities: This facility encompasses 80 acres of pristine concrete, buildings, and open land. Multiple buldings included, encompass 30,000+ sq.ft. The business generated EBITDA if $527,000 for 2007 and a projected EBITDA of $528,000 for 2008 and gross sales in excess of $1,500,000. This County/ Parish allows Off Track Betting (OTB) and could easily encompass an (OTB) Parlor as part of the lounge drag strip tower. Also, there is enough room on the circuit course to put in a full horse race track. The sale includes real estate, buildings, and equipment.
Competition: Located 35 minutes from Baton Rouge (a major metropolis) and 1 hour from New Orleans, Louisiana. Located within 1 hour drive of 50% of the population of Louisiana.
Growth/Expansion: This is a qualified enterprise zone opportunity. Tax credits, etc. available. This race track is already a profitable venture. Add amusement, horse racing, automobile test and tune facilities and grow. Additional acreage available.
Financing: Owner is willing to pick up a portion of the financing
Support/Training: The replacement cost alone would be in excess of $10,000,00.
Reason Selling: Growth Opportunity

Ron Gaubert
337-993-1628
Stonehenge Corporation
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