Investor Opportunity Summary

Business Name: Mr. Speed Track Karts LLC
Location: Denison / Sherman, Texas
Owner/Operator: Troy Goddard, US Navy Retired
Business Type: Outdoor Electric Go-Kart Track & Mini-Golf Facility

Investment Overview

Mr. Speed Track Karts LLC is seeking private investors to support startup and launch costs for an eco-friendly family entertainment venue in an under served North Texas market. The business combines steady cash flow with hard assets and strong community demand.

Example Investment Terms: $100,000

Investment: $100,000
Maximum Investors: Limited (target 3–6 investors)

1. Preferred Annual Return

• 6% annual preferred return

• Paid before owner profit distributions

• Example:

• $100,000 investment → $6,000 per year

• Designed to provide stable, predictable income

2. Equity Participation

• Investor receives 5% ownership equity

• Participates in profit distributions after preferred return is paid

• Equity provides:

• Additional annual profit upside

• Participation in business value growth

• Share of proceeds if the business is sold

Projected Returns (Illustrative)

Based on conservative projections of ~$200,000 annual net profit: Returns are based on projections and may vary with operating conditions.

• Preferred Return: $6,000

• Profit Share (5%): ~$9,700

• Total Annual Return: ~$15,700

• Approximate annual return: 15%–16%

Buyout / Exit Option:

• Buyout option available after Year 5 of operations

• Business must be profitable for two consecutive years

• Buyout is optional, not mandatory

Buyout Valuation

• Business value = 3× average net profit of previous 3 years

• Investor buyout value = 5% of that valuation

Example:

• Average net profit: $200,000

• Business valuation: $600,000

• Investor buyout (5%): $30,000

Buyout Payment Terms

• Paid over 24–36 months

• Equal monthly or quarterly payments

• Investor continues to receive preferred return and profit share until buyout is fully paid

Use of Investor Funds

Investor capital will support:

• Land acquisition

• Track construction

• Electric kart purchase

• Facility build-out

• Operating reserves during launch

Total project cost: $1.176 million

Why This Investment Works

• No competing go-kart tracks within 45 miles

• Multiple revenue streams

• Strong collateral value (land, track, equipment)

• Conservative financial assumptions

• Owner-operated by a disciplined, safety-focused manager

• Clear exit strategy for investors