Profile number 108399

Investor/Partner/Acquirer/Licensee Interested in F1 Racing Simulators with Huge Potential

26/11/2024 Date added

Located in

Belgium

Also interesting for this region (s)

All of the country

General information

Sector

Retail non-food

Type of company

Other

Legal entity

Foreign legal entity

Type of transaction

Assets / liabilities

Life phase enterprise

Growing

Employees in FTE

< 5

Type of buyer

  • MBI candidate
  • Strategic acquisition
  • Investor


Financial information

Turnover last financial year

€ 250.000 - € 500.000

Asking price

To be agreed

Earnings before taxes

€ 100.000 - € 250.000


Company history/background

Renowned reports (search term: "market racing simulators") indicate that explosive growth in Formula 1 Racing Simulators will see revenues soar from $6.8 billion this year to $1.6 billion by 2032. The United States, in particular, presents significant market opportunities. I have also secured a robust patent in this field, notably after successfully overcoming opposition from Playseat. This victory has granted me a highly strong monopoly position, which I hold firmly until 2037.


Company activities

The Ultimate Patented Formula1 Racing and Go-Kart Cockpit SIM Sensation.

I am the inventor and patent holder in the US and EU (valid until 2037) of the most innovative, user-friendly, and timeless F1/Racing/Karting simulator.

In addition, I hold very strong IP rights over all models of F1/racing/karting simulators that we offer for sale, which can be found on our site/shop primarily under the search term “Gameseat info.” Through the site/shop, we target B2C sales across Europe. We have also recently launched a B2B presence on Alibaba, with the first shipment underway from a top-quality manufacturer in China to a distributor supplying all major retailers in South America and the US. Initial direct-to-consumer sales have already shown strong results with high margins.

Overall, this venture has a solid, stainless-steel foundation that I wish to further develop with a partner and investor for a few more years before fully transferring ownership, as I am turning 70 next year and have no successors.

A potential option: licensing in exchange for a 15% fee on net revenues.


Unique selling points

The "Seven in One F1RacingSIM" is a versatile racing simulator cockpit designed to cater to both children (from 6 years old) and professional racers. Its key features include:

  • Adjustable Components: The simulator offers full adjustability for the F1 racing bucket seat, steering wheel, pedals, screen stand, and gear shifter, allowing users to customize their setup for optimal comfort and performance.
  • Multiple Racing Positions: It supports both Formula 1 and Racing/Rally positions, providing flexibility for various racing styles.
  • Comfort Enhancements: Extra arm and foot rests are included to ensure a comfortable Formula 1 racing position.
  • Quick Adjustments: All components can be adjusted within seconds, making it user-friendly for children and adults alike.
  • Patented Design: The simulator boasts strong patents and IP rights, ensuring a unique and protected design.
  • High-Quality Manufacturing: Produced by a top-quality manufacturer in Asia, ensuring durability and reliability.
  • This simulator aims to provide an immersive and adaptable racing experience for users of all ages and skill levels.

Other

I acknowledge my weaknesses, as I am not strong in marketing or accounting, but I always strive to conduct business with the utmost honesty and integrity. I also aim to ensure that everything is meticulously documented to prevent any misunderstandings.


Investor/Partner/Acquirer/Licensee Interested in F1 Racing Simulators with Huge Potential
Region
Belgium
Sector
Retail non-food
Type
For sale
Turnover
250.000 - 500.000
Overname
To be agreed