Profile number 108399
17/09/2024 Date added
Located in
Germany
Also interesting for this region (s)
All of the country
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
Turnover last financial year
€ 250.000 - € 500.000
Asking price
To be agreed
Earnings before taxes
€ 100.000 - € 250.000
Renowned reports show that the explosive revenue from Formula 1 Racing Simulators will grow from 6.8 billion this year to 1.6 billion by 2032.
There are significant market opportunities in the USA in particular.
Additionally, due to a successful legal opposition from Playseat, I was granted a strong patent after winning this procedure convincingly.
This grants me an exceptionally strong monopoly position until 2037.
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.
Possible option: licensing.
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:
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.