Asking price: £35,000

Sales revenue: < £200k

Net profit: < £100k

Fixtures value: £20,000

Stock value: Undisclosed

Business description
This is a well established operation within a larger business supplying a selection of racing car simulators to exhibitions, corporate events and private parties all over the UK and into Europe.
The units are all supplied with precision, powered steering wheels and brake/throttle pedals.
Very low Public Liability Insurance Premiums as these units are regarded as video games and not rides.

Great fun to run as well as easy to operate, lucrative and interesting.

We have excellent Google search engine rankings and an established customer base with a good reputation, the buyer will benefit from a direct link from our highly placed website whilst their own site moves up the rankings.

This is a genuine opportunity to buy a well established business in an expanding market place and despite the current downturn in the economy the demand for the simulators seems to continue to grow.

The business is for sale with contracted bookings in excess of £10,000.
Equipment includes 3 x compact F1 style cockpits, 4 custom built aluminium and stainless steel, chassis simulators with real racing seats, numerous 19" LCD screens with stainless steel stands and a commercial grade 42" plasma with tall, safe, heavy duty stand and flightcase etc.
Lots of spares, leads, processors and lots of leads.
Four custom built Top Gear style magnetic scoreboards with strips and pens to mark them.
Four medium sized Racing Overalls (2 in black, 2 in white), 1 x 'Stig' style racing helmet with black visor, lots of chequered flags, racing flags, bunting etc.
We will listen to reasonable offers from cash buyers, this is a unique, genuine business opportunity.

Years established: 6

Employees: 2

Trading hours: n/a

Home based: This business can be run from home.

Relocatable: This business can be relocated.

Location
Midlands based but UK coverage, this is a fully mobile operation (we have covered high margin events throughout Europe as well), easily transported using a Transit sized van.

Expansion potential
This is a business which we have never paid to advertise, we have relied on Search Engines and word of mouth booking, we have never even had to produce a brochure or leaflet, anybody wishing to promote through direct mail/Yellow Pages etc will open up a whole new potential customer base. We have identified a whole host of opportunities that potential buyers may wish to exploit (as an example, we never cover events for children), we will be happy to discuss them with any potential buyer.

Competition / Market
Our product has a unique selling point bringing F1 simulation to venues which otherwise would regard this type of thing impossible. There are one or two operators with products similar to ours but none match us for quality, scale or reputation.

Support & training
Full support, training and back up to enable any buyer to operate the equipment (incredibly simple), price the bookings and promote for new business, our established Google rankings will be adapted to allow users to click straight to your website (a unique website created for the buyer is included in the sale) with all of your contact details and we will forward enquiries (small commission) to the new owners.

Reasons for selling
Thisis a part of a larger corporate entertainment business, one director (there are only two) is semi-retiring in 2009 and rather than employing somebody we have decided to reduce the size of the company. 2006/7 the turnover was £48000 and net profit was £28000