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Free VC Directory

With any B-Plan Purchase
425 Page Capital Directory
Through Aug. 31


Business Plan Writer
$425 Flat Rate
No Templates Used
7 Day Turnaround

All Purchased Plans
Are Updated for 2017

Read Our Reviews
All Plans Available on Amazon

Free Go Kart Track Business Plan
For Raising Capital from Investors, Banks, or Grant Companies!

Please note that the financials in this complete free business plan are completely fictitious and may not match the text of the business plan below. This free business plan demonstration purposes only. If you are interested in purchasing the completed editable MS Word and Excel documents for this business plan, please click the button below! Also, the text of the business plan is formatted with a fully automated table of contents.



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It should be noted that there is no special software required to use these templates. All business plans come in Microsoft Word and Microsoft Excel format. Each business plan features:

  • Excecutive Summary
  • Company and Financing Summary
  • Products and Services Overview
  • Strategic Analysis with current research!
  • Marketing Plan
  • Personnel Plan
  • 3 Year Advanced Financial Plan
  • Expanded Financial Plan with Monthly Financials
  • FREE 30 Page Sample Private Placement Memorandum
  • FREE PowerPoint Presentation for Banks, Investors, or Grant Companies!

1.0 Executive Summary

The purpose of this business plan is to raise $350,000 for the development of a go kart track while showcasing the expected financials and operations over the next three years. Go Kart Track, Inc. (“the Company”) is a New York based corporation that will provide usage of go karts, food/concessions, and event hosting to customers in its targeted market. The Company was founded by John Doe.

1.1 Products and Services

The primary revenue stream for the business will come from the ongoing usage of the Company’s go karts within the business’ state of the art facility. The Company will have approximately 30 go karts in its inventory. All go karts owned by the business will have proper safety controls to ensure maximum speed limits. The secondary streams of revenue for the business will come from the sale of food, concessions, and event hosting services. The third section of the business plan will further describe the services offered by the Go Kart Track.

1.2 The Financing

Mr. Doe is seeking to raise $350,000 from as a bank loan. The interest rate and loan agreement are to be further discussed during negotiation. This business plan assumes that the business will receive a 10 year loan with a 9% fixed interest rate.

1.3 Mission Statement

Go Kart Track, Inc.’s mission is to become the recognized leader in its targeted market for providing safe and fun go kart usage to the general public.

1.4 Mangement Team

The Company was founded by John Doe. Mr. Doe has more than 10 years of experience in the retail management industry. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations.

1.5 Sales Forecasts

Mr. Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years.

1.6 Expansion Plan

The Founder expects that the business will aggressively expand during the first three years of operation. Mr. Doe intends to implement marketing campaigns that will effectively target individuals within the target market.

2.0 Company and Financing Summary

2.1 Registered Name and Corporate Structure

Go Kart Track, Inc. The Company is registered as a corporation in the State of New York.

2.2 Required Funds

At this time, the Go Kart Track requires $350,000 of debt funds. Below is a breakdown of how these funds will be used:

2.3 Investor Equity

Mr. Doe is not seeking an investment from a third party at this time.

2.4 Management Equity

John Doe owns 100% of Go Kart Track, Inc.

2.5 Exit Strategy

If the business is very successful, Mr. Doe may seek to sell the business to a third party for a significant earnings multiple. Most likely, the Company will hire a qualified business broker to sell the business on behalf of the Go Kart Track. Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings.

3.0 Products and Services

Below is a description of the services offered by the Go Kart Track.

3.1 Usage of Go Karts

The primary revenue stream for the Company will come from the ongoing usage of the business’ go kart track. As stated in the executive summary, the Company’s outdoor track will be able to accommodate up to 30 go karts. At all times, the Company will require users to wear helmets and to abide by several rules that will be posted throughout the Go Kart Track facility. Individuals that break these rules will be barred from using the Go Kart Track. Additionally, the minimum age for a go kart user will be 12 years old. A minimum height requirement of 48 inches will also be required. Usage of the Company’s go karts will generate substantial gross margins for the Company.

3.2 Sales of Food and Concessions

The business will also maintain an area of the retail facility that will provide limited food and beverage service. This revenue center is extremely important for the business because it will provide an additional stream of income for the business will providing parents of children using the Go Kart facility with an incentive to stay at the facility for a longer period of time. This business model is akin to Barnes and Nobles installation of cafes in most of their bookstores. This part of the business will serve small sandwiches, coffee/tea, and fountain drinks.

4.0 Strategic and Market Analysis

4.1 Economic Outlook

This section of the analysis will detail the economic climate, the retail entertainment industry, the customer profile, and the competition that the business will face as it progresses through its business operations. Currently, the economic market condition in the United States is in recession. This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows. Many economists expect that this recession will continue until mid-2010, at which point the economy will begin a prolonged recovery period.

4.2 Industry Analysis

The entertainment (retail) industry generates approximately $1.5 billion dollars a year among 2,700 companies that operate retail entertainment (including go kart tracks) establishments. These revenue numbers do not include amusement parks, casinos, or resorts that provide go kart tracks as a value added benefit to patrons. The industry employs more than 30,000 people and provides aggregate annual payrolls of $350 million dollars. As stated earlier, the industry is mature. The expected continued growth of these businesses is expected to mirror the general population growth plus the rate of inflation. As time progresses, Mr. Doe may add other forms of entertainment to the Go Kart Facility in order to further promote the entertainment nature of the business. This may include a limited arcade that will be featured on site.

4.3 Customer Profile

In this section of the analysis, you should describe the type of customer you are seeking to acquire. These traits include income size, type of business/occupation; how far away from your business is to your customer, and what the customer is looking for. In this section, you can also put demographic information about your target market including population size, income demographics, level of education, etc.

4.4 Competitive Analysis

This is one of the sections of the business plan that you must write completely on your own. The key to writing a strong competitive analysis is that you do your research on the local competition. Find out who your competitors are by searching online directories and searching in your local Yellow Pages. If there are a number of competitors in the same industry (meaning that it is not feasible to describe each one) then showcase the number of businesses that compete with you, and why your business will provide customers with service/products that are of better quality or less expensive than your competition.

5.0 Marketing Plan

Go Kart Track intends to maintain an extensive marketing campaign that will ensure maximum visibility for the business in its targeted market. Below is an overview of the marketing strategies and objectives of the Company.

5.1 Marketing Objectives

  • • Develop an online presence by developing a website and placing the Company’s name and contact information with online directories.

  • • Implement a local campaign with the Company’s targeted market via the use of flyers, local newspaper advertisements, and word of mouth advertising.

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5.2 Marketing Strategies

Management intends on using a number of advertising and marketing channels to promote traffic to the Go Kart Track. The Company primarily intends to use a broad based advertising campaign that will raise the awareness of the retail location among the targeted young adolescent and adult demographic. To that end, Management will place a number of advertisements in locally based newspapers and advertisements from the onset of operations which may include discount coupons or coupons for discounted admission. Management expects that this strategy will create an immediate draw to the Company’s initial location. Management also expects that the business will generate significant word of mouth advertising as the Company hosts events for birthday parties. As more and more people (children 10 or older) are invited to Company hosted birthday parties, these youngsters may have their parents host their next birthday party at the facility. The Company anticipates that this type of advertising will take three to six months to become effective.

5.3 Pricing

In this section, describe the pricing of your services and products. You should provide as much information as possible about your pricing as possible in this section. However, if you have hundreds of items, condense your product list categorically. This section of the business plan should not span more than 1 page.

6.0 Organizational Plan and Personnel Summary

6.1 Corporate Organization

6.2 Organizational Budget



6.3 Management Biographies

In this section of the business plan, you should write a two to four paragraph biography about your work experience, your education, and your skill set. For each owner or key employee, you should provide a brief biography in this section.

7.0 Financial Plan

7.1 Underlying Assumptions

  • • Go Kart Track, Inc. will have an annual revenue growth rate of 10% per year.

  • • The Owner will acquire $350,000 of debt funds to develop the business.

  • • The loan will have a 10 year term with a 9% interest rate.

7.2 Sensitivity Analysis

The Company’s revenues are somewhat vulnerable to changes in the general economy. The Company is providing entertainment for use among customers, which are not a necessity. However, the pricing point for Go Kart Track’s services is extremely low, and the general economy would need a serious recession before a revenue decline. The high margin revenue generated by the business will allow the Company to operate profitably despite negative economic climates.

7.3 Source of Funds


7.4 General Assumptions

7.5 Profit and Loss Statements 

7.6 Cash Flow Analysis

 

7.7 Balance Sheet

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7.8 General Assumptions

7.9 Business Ratios

Expanded Profit and Loss Statements

Expanded Cash Flow Analysis