Profitable Motorsports & Entertainment Venue - SBA Pre-Approved

This listing presents a unique opportunity to acquire a premier, SBA pre-approved motorsports and entertainment venue located in Riverside County, California. Established in 1995, the business boasts significant assets, including over $40 million in state-of-the-art leasehold improvements. It operates on a 12-year lease with zero monthly rent, expiring in January 2036, offering substantial cost savings. The venue is highly versatile, capable of hosting a wide range of events beyond motorsports, such as car shows, music festivals, concerts, lifestyle expos, and rodeos, ensuring diverse revenue streams. With $1,350,000 in gross revenue and $300,000 in total income, the business is profitable. The asking price is $1,050,000. Key assets include $50,000 in equipment/fixtures and $8,000 in inventory, along with specialized heavy machinery for track maintenance. The operation is supported by 10 full-time employees, and the seller is willing to provide 30 days of training and stay for up to a year. The owner is selling due to retirement.