Performance Race Car Builder (SOLD) - NEO Business Advisors
Case Study of Recent Transaction

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

Employees:  5

Real Estate:  Leased

Location:  Ohio

Performance Race Car Builder
Some Details of the Transaction Remain Confidential

Detailed Information

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

Support/Training: Undisclosed

Reason for Selling: Distressed business with financial and operational issues. Seller seeking a strategic buyer. 

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