Selling Your Kart Shop?

Greg Wilkinson · Posted: Mon Dec 10, 2012 2:55 pm Post subject:

Speeds has been closed since 2005 or 2006.
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Greg Wilkinson
Driver-Angel Wilkinson
"Tag" Team Wilkinson
Kosmic T-11 - Comet Leopard

Ken Schilling · Joined: 01 Dec 2005 Posts: 1338

From what I've heard...

If you want to make a million dollars in karting.... start with two million Laughing

Karting is a tough business to make a living on. Relatively small margins, fickle customer base, online shopping, etc... all add up to make it extremely tough but rewarding to the ones who "make it". The successful ones focus on customer service and provide trackside service at all of the big events, especially at the local tracks. You must have a kart brand that has exclusivity to your region as well as on track success to help word of mouth advertising.

Did I mention customer service is critical...?! Exclamation

Seriously though, Pitts Performance in SoCal has recently either shut down permanently or is restructuring. Perhaps that is an option for you to look into...
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Ken Schilling
#21x / S4 / ProKart Challenge (PKC)
SKUSA Data Administrator

Good luck is where preparation and opportunity meet!!!

The opinions I express are mine alone and do not reflect those of any organization of which I am a member.

Chris Livengood · Posted: Mon Dec 10, 2012 10:25 pm Post subject:

Randy Mckee · Posted: Mon Dec 10, 2012 11:20 pm Post subject:

Kinda like that bar in From Dusk till Dawn. What was the name of it again? Laughing

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Randy
#123 TonyKart - S4 Stock Honda

DON FORMAL · Joined: 27 Nov 2009 Posts: 44

Call me 561-718-6840
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DANIEL FORMAL
561-718-6840
www.advancedkarting.com

paul hir · Posted: Tue Dec 11, 2012 9:48 am Post subject:

Alex King · Posted: Tue Dec 11, 2012 9:59 am Post subject:

I sounded off Michael Goebel last night. MFG Technology Centre is not for sale; however, I believe he would accept $600 thousand, which would also include full ownership to real estate (land and structure).

Bill Martin · Posted: Tue Dec 11, 2012 1:30 pm Post subject:

mike clements · Posted: Thu Dec 13, 2012 12:01 pm Post subject:

Curious as to your displeasure with Arizona.
My wife and I have run a very successful mail order karting business from Arizona for over 25 years. We have a strong internet prescense and We very rarely sell anything inside the state. We never go to the local tracks. Everything is mail order, out of state.
I have all the work I can do in my shop and that's pretty much all we need to sustain our lives. We love it and would not trade it for anything.
Good luck in your endeavor,
MC
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Began kart racing 1959. Made many friends along the way.

Steve Eady · Joined: 26 Jul 2001 Posts: 956

Extreme Motorsports/ www.extremegokarts.com is for sale. 100% internet based, could be run by anyone with a computer.

Steve
(530)949-8975
info2extremegokarts.com

Russell Stevens · Joined: 15 Oct 2012 Posts: 100

Extreme karting was registered in 2.4.2000 using Joker.com as the registrar. Current raw website estimated value is $230 based on the ~30k hits a year the site recieves and potential web ad revenue. Dreamhost is the hosting company with plans as low as $8.95/mo. The cost to have someone build a site like this is currently in the $2000 range (in Western NY) and this site looks like it was built using a standard template. Checking the code on the site and some of the other sites the designer (WebFeathers Inc.) has built this is a cookie cutter Java/Tables/XML site. WPOPros is not doing a good job, the links insite the site are sluggish and there is a distinctive wait time when trying to navigate. There is no inventory to transfer. Take into account the ease of setting up order and ship (jobber) accounts with supply houses, and the cost to start a new website that would have the same functionality when complete. Not saying it's a bad deal, they recieve 10k more hits than J3 and 10k less than Italian Motors. Just trying to mention some factors to consider when looking at a web only business for purchase.

Michael Taksa · Posted: Fri Dec 14, 2012 8:42 am Post subject:

Steve, you getting out of business completely or just selling the domain?