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
Cash Flow: Undisclosed
FF&E: Undisclosed Included? Yes
Inventory: Undisclosed Included? Yes
Real Estate: Owned Included? No
Location: Stow, Ohio
This strategic exit was the successful culmination of a four year business turnaround consulting engagement.
Real Estate: The real estate is owned by the Seller and not included in the sale. Real Estate includes 12,000 SF of automotive shop space and 1,200 SF of office space.
Growth and 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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