Race Team for Sale – Comprehensive Asset Package/ Proven Equipment
Business Description
Magik Kart USA is a performance kart manufacturer and racing operation established in 2018, generating $750,000 in annual revenue. This absentee-owned business combines Italian craftsmanship with U.S. design to serve the karting community across multiple racing classes.
The company offers a comprehensive chassis lineup including the KZ Bolt for shifter/gearbox categories, the Sonic chassis for TAG/100cc and OK-N classes, and the Journey for Mini/Cadet racers. All hardware features race-ready components with adjustable geometry, magnesium parts, and premium braking systems like Italfreno.
Magik Kart Racing Department provides full testing, product development, and track support services including arrive-and-drive programs, data support, and transportation for drivers and customers. The brand has established strong competitive presence with drivers achieving podium results, pole positions, and strong finishes in major U.S. karting series.
Strategically positioned within 100 miles of three top-tier motorsports facilities: Pitt Race (Wampum, PA), Quaker Motorsports Park (Salem, OH), and Lorain Ohio Kart Plex (Lorain, OH), providing significant competitive advantages.
The business holds trademark registrations for "MAGIK KART USA LLC" ensuring brand protection and legitimacy. Products are specifically designed and tested for U.S. racing conditions, rules, and series requirements.
Growth opportunities include expanding dealer networks nationwide, launching driver development programs, establishing e-commerce operations for parts sales, and forming strategic partnerships with OEMs, tire manufacturers, and technical suppliers.
This relocatable business includes $125,000 in FF&E and $75,000 inventory. The current owner provides negotiable support and training terms for serious inquiries. Asking price: $250,000.
The company offers a comprehensive chassis lineup including the KZ Bolt for shifter/gearbox categories, the Sonic chassis for TAG/100cc and OK-N classes, and the Journey for Mini/Cadet racers. All hardware features race-ready components with adjustable geometry, magnesium parts, and premium braking systems like Italfreno.
Magik Kart Racing Department provides full testing, product development, and track support services including arrive-and-drive programs, data support, and transportation for drivers and customers. The brand has established strong competitive presence with drivers achieving podium results, pole positions, and strong finishes in major U.S. karting series.
Strategically positioned within 100 miles of three top-tier motorsports facilities: Pitt Race (Wampum, PA), Quaker Motorsports Park (Salem, OH), and Lorain Ohio Kart Plex (Lorain, OH), providing significant competitive advantages.
The business holds trademark registrations for "MAGIK KART USA LLC" ensuring brand protection and legitimacy. Products are specifically designed and tested for U.S. racing conditions, rules, and series requirements.
Growth opportunities include expanding dealer networks nationwide, launching driver development programs, establishing e-commerce operations for parts sales, and forming strategic partnerships with OEMs, tire manufacturers, and technical suppliers.
This relocatable business includes $125,000 in FF&E and $75,000 inventory. The current owner provides negotiable support and training terms for serious inquiries. Asking price: $250,000.
About the Business
- Years in Operation
- 7
- Employees
- 9 (1 Full-time, 8 Contractors)
Seasonal Employees - Currently Relocatable
- Yes
- Facilities & Assets
- Magik Kart USA® is a registered trademark of [Magik Kart]
-U.S. Application Serial No. 98059665
-53Ft Millennium Gooseneck Trailer
-Trailer Equipped with Moduline Cabinets and Full Data Center
-Complete Branded Magik Kart USA 26x40 Gatel Tent
-Complete Branded Team Equipment from Apparel/Team Kart Stands/
-Established Social Media Platforms- Instagram/Facebook
-Established website. - Market Outlook / Competition
- Currently there are three top tier motorsports facilities within a 100 mile radius from our headquarters which gives a huge advantage.
Facilities consists of:
-Pitt Race- Wampum, PA
-Quaker Motorsports Park- Salem, OH
-Lorain Ohio Kart Plex- Lorain, OH - Opportunities for Growth
- -Adding Potential Dealers throughout the U.S.A
-Driver Development Programs
-Launching E-Commerce Store to help facilitate part sales and existing dealer network
-Strategic Partnerships & Investments-Collaborate with OEMs, tire manufacturers, or technical suppliers for long-term support/discounts
About the Sale
- Seller Motivation
- Onto Different Ventures
- Transition Support
- Support and Training are negotiable- Depending on the terms of the sale this can be discussed in more detail for serious inquires only.
- Financing Options
- None
Listing Info
- ID
- 2414563
- Listing Views
Attached DocumentsAttachment Disclaimer
Listing ID: 2414563 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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