Hampshire Driving, Racing & Flying Simulator Hire Company For Sale

If anyone has ever wondered what it would be like to drive a Formula 1 racing car, now they can. This business offers customers the opportunity to experience the world’s most advanced simulators; the dream really has become reality. For any person who would like to experience the adrenalin rush of braking sharply to take the next bend before accelerating to 200mph past the grandstand on the home straight of one of the world’s most famous race tracks and feel the powerful force of 2G’s dynamic motion, then this is for them.

This exciting and innovative driving simulator hire company posesses some of the most sophisticated and advance driving and flying simulators in the world, with a reputation in the industry for setting the standard for the consumer experience. While only trading in this form for a short time, the business quickly became a significant business and has grown a valuable database of corporate clients.

Since the start of trading the business found itself to be popular and sometimes struggles in meeting demand. It is believed by the vendor that the business could double its income and profits by simply adding to the number of units for hire; something they believe strongly should be an opportunity taken up by a new owner.

The business operates from the private home of the vendor and equipment is stored safely nearby. This arrangement has proven to be economically sensible and suitable for the vendor as he manages this business today very much in line with his own personal wishes and circumstances.

The business is based in Hampshire, close to main trunk roads and Motorways, providing easy access to the wider parts of the UK.

The hire service is used mainly by corporate clients for special events and has recently found a market with the Ministry of Transport for driver awareness training with particular reference to the equipment’s ability to realistically simulate “driver awareness” scenarios.

Such services, if offered more proactively, could yield much future growth and opportunity for a new owner, along with the more easily developed increases in trade by the introduction of more simulator availability.

The business’ resources are stretched by demand and customers are frequently disappointed by unavailability due to a lack of capacity.

There are up to 8 x simulators in total and 1 x large vehicle for transport and delivery for installation on site.

Key Strengths:

• Technical superiority of the simulator equipment

• Well known in the industry

• Well established

• 8 x advanced simulators

• Reputation for reliability and value for money

• Profitable

Key Opportunities:

The current owner is, in his own words “too busy” and there exists a real opportunity to add more equipment & people and simply accept more of the demand that is made by customers.

Untapped opportunity exists in offering further uses such as driver training & education in schools and colleges as well as the growing popularity for virtual reality.

This could be augmented by the promotion of the service to a wider geography and other non corporate events.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Forecast 2017 Turnover circa £350,000

Forecast 2017 Net profit circa 60% (Before director’s drawings)

Vehicle & Equipment Assets Value circa £110,000

The Asking Price of £100,000 incl. equipment and vehicle, is for the assets and goodwill of the business (Calculated on a zero cash – zero debt basis).