Performance Racing Business (SOLD) - NEO Business Advisors
Case Study of Recent Transaction

Performance Racing Business (SOLD)

NEO Business Advisors represented the seller TNT Custom Racing, Inc. in a strategic sale to performance automotive industry buyer Prime Time 4 Performance. This strategic exit was the successful culmination of a four year business turnaround consulting engagement

Asking Price:
Undisclosed
Gross Revenue:Undisclosed
EBITDA:N/A
FF&EUndisclosed
Cash Flow:
Undisclosed
Inventory:Undisclosed
Real Estate:Owned
Established:Undisclosed
Performance Racing Business

This Business is SOLD!

This strategic exit was the successful culmination of a four year business turnaround consulting engagement.

Some Details of the Transaction Remain Confidential

Detailed Information

Location:

Stow, OH

Inventory:

Included in asking price

Real Estate:

Owned, not included in the sale.

Building SF:

12,000 sq. ft. 

Lease Expiration:

Undisclosed

Employees:

6

Furniture, Fixtures, & Equipment (FF&E):

Included in asking price

Facilities:

Owned, not included in the sale.

Competition:

Undisclosed

Growth & Expansion:

Undisclosed

Financing:

Seller financed buy-out. 

Support & Training:

1 year consulting and transition agreement.

Reason for Selling:

Planned turnaround engagement. 

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