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For Sale: THIS TRACK { $ SALE ) MAKES MONEY !!! $$$$$

Ad #182027383   Posted:2014-06-29 13:04:35
This ad expires in 52 days.
$945,000.00


GUIDANCE FROM SELLER is AVAILABLE for at least a year.
Above Added: Mon May 26, 2014, 7:55 pm EST
Dick Trickle Won here a lot.

*Track Tax Value is around $600,000.

* $15,000 YR Income from a VERIZON CELL TOWER PAYS THE Real Estate TAXES !!

*This is TURN KEY READY and comes with support from sellers with great marketing that works after 15 years of successful reputable family friendly, respected in the community operations

*LOCATION: Wisconsin Rapids, CENTRAL WISCONSIN

*31 ACRES with an ASPHALT SURFACE

*OPTIONAL INCOME PRODUCING CONTIGUOUS COMMERCIAL BUILDING with $300,000 Tax Value on 9 COMMERCIALLY ZONED Acres. Excellent Road Frontage. This is not an isolated property hidden in the woods or isolated.

* Entire property is usable and flat.

*GOOD LIGHTING and PA SYSTEM

*Track has its own generator to conserve on expenses when the lights are all on.
Paved Pits. Nice Pit grandstands.

* All buildings are clean and very well maintained. Same management for 15 years.

* Great food system ( the lines move quickly and the food is good) and Consistently Highly Rated Board of Health Multiple Food facilities.

*Complete list of equipment. "This is a very organized and well run entertainment facility".
The reason for the sale is due to estate planning. It is priced REASONABLY.
Above Added: Wed January 1, 2014, 6:07 pm EST
This track only runs 1/3 of the season. Run a full schedule and ratchet up to 30-36 races a year.

Great food system, as the line moves, nicely... Good food and very, very clean. Surprisingly extra clean.

This place is "nice" The pricing of the track separately is right. It is reasonable for a successful operating entertainment facility. This place can make more money holding "special events" and is very family friendly. And; the property in the front is well valued also, and income producing. The tax values add up reasonable in concert with the price of the tax value. This track has great GOODWILL, that's hardly in the price. IF you can and do CLOSE AND BUY IT between 17th and December 23rd knock the seller may knock off a couple hundred to close before the week of Christmas. If you like it when you see it, we may agree to drop the price and consider some terms to close in December before the week of Christmas. This is a time sensitive tax strategy that may not work the same way in 2014. Golden Sands Speedway is a nice facility. Maybe there could be some form of winter racing there. The track has nice walls and room for error also. The pits are nice flat and spacious. It is a little chili there, but the good people and great location with no NIMBY types to bother you, offer a nice racing environmentally friendly regarding the location.

The obvious opportunity to race a full season of weekly shows, instead of 1/3 of a season is simple math, so the that is the least resistant and most likely path to increasing the gross that is pretty simple, triple the events and you should increase the revenue and the net. The infrastructure is very well put together.
Above Added: Fri November 29, 2013, 6:09 pm EST
This is a clean well run, well marketed facility. For more details call Thomas at 516-815-2800

Seller Phone Number: 516 815-2800
This item is USED
Trades ACCEPTED: 1031A Income Property and or stock and and or B+ rated or better Bonds Considered, depending on what it is.
Payment options:
1031A Partial
Item Location: Mooresville, NC Get Directions To This City
Instructions for buyer: GREAT TERMS AVAILABLE with optional CUSTOM TERMS DESIGNED FOR MAXIMUM MUTUAL IRS Compliant TAX BENEFITS to The SELLER and BUYER. SUPER WELL RUN and MANAGED with BRILLIANT MARKETING-PROMOTERS. METICULOUSLY KEPT. OPTIONAL INCOME PRODUCING COMMERCIAL PROPERTY ATTACHED...
Contact Seller
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