Performance Race Car Builder
SOLD - NEO Business Advisors represented a strategic buyer in the acquisition of Baker Race Cars by TNT Custom Racing, Inc. to expand into the performance automotive racing industry.
Asking Price: Undisclosed
Gross Revenue: Undisclosed
Cash Flow: Undisclosed
FF&E: Undisclosed Included? Yes
Inventory: Undisclosed Included? Yes
Real Estate: Leased
TNT had been a long time customer of Baker Race Cars who needed help from a strategic buyer with financial and operational expertise.
Real Estate: Real Estate is leased
Growth and Expansion: Undisclosed
Reason for Selling: Distressed business with financial and operational issues. Seller seeking a strategic buyer.
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