For sale is a succession of races created to showcase unique venues for running.
With a total of 9 events this unique business host multiple different racing series for runners of all skills levels including 5k, 10k, half marathons, kids races.
Whether runners are beginners or experienced, an elite endurance competitor or an age-grouper looking to cross the finish line, they will find something to suit their tastes through events hosted by this business.
The owners have tweaked their business to include as many clients as possible, including providing a Virtual Race option. The option is available at all events for those wanting to complete the entire series but can’t make one of the races.
The company has also created a chartable segment of their business for those who wish to raise money for a charity, either a partner charity with the business or one of the runner’s choosing.
The owners have spent the last six years creating a top-of-the-line event for the community, and have set it up to be prosperous for at least the next 10 years.
Although the business is already highly successful, attention spent toward gaining more sponsors and more media exposure could explode the business. A buyer with a background in marketing would find a gold mine ready for the taking. In addition, attention could be given to increasing registration at events, increasing merchandise for sale, and sending out race packets rather than having participants go out of their way to pick them up.
ASSETS INCLUDED IN THE SALE
Social Media Assets:
Facebook (3 different pages, total followers): 16,828
Twitter (3 different accounts, total followers): 805
Instagram (3 different accounts, total followers): 1,890
There are a total of 37 domain names that will be included in the sale.
Gross income: $1,124,349
Adjusted net income: $360,286
Asking price: $1,600,000
2017 Projected income:
Gross Income: $1,400,850.00
Adjusted Net Income: $518,679.68