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What do I need to run this business?

 A desire to be your own boss and earn a lucrative income!!

 A vehicle with a tow hitch, to pull a trailer, or a van.

 An  adult to run the Racer Kart  events – either you or someone you employ.

 Safe storage location.

 A phone, either land line or mobile, to take booking enquiries.

 

Do I need any electrical or mechanical knowledge to maintain the karts?

Racer Karts come with a full 12 month manufacturer’s warranty.

Racer Karts are ADIPS certified to ensure that they are safe and suitable for use in a commercial setting.

Operators will need to carry out routine maintenance – this will include:

 

Washing Racer Karts

Checking the tyre pressure and inflating if necessary

Spanner checking the fixings.

Checking the seat, steering wheels and foot pedals are secure and operating properly.

 

A full maintenance manual will be supplied with each Racer Kart mobile business package.

 

Do I need insurance? 

You will need to check that your vehicle insurance covers you to tow a trailer and inform your insurance company that you are using your vehicle for business use.

 You will need business use class 1 for the policy holder only.

 Additional named drivers will require business use class 2 .

 Whilst driving, the trailer and contents are covered third party only and will need to be covered for theft or damage by an additional business insurance.

You will need to take out a public liability insurance policy. This same policy can cover you for theft or damage to the karts, trailer etc and employer’s liability, if required

   

Do I need a licence to operate this business?

  No. 

 We do not operate a licence system. You will be responsible for ensuring that you operate your Racer Kart mobile business in a safe and responsible manner. One of your best adverts will be word of mouth and so happy parents and event organisers will pass on your details to others who will want to book your services.

 

What area can I operate in?

It is your business;  we do not try to restrict you by limiting you to a specific geographical area.

We would recommend that you limit your travelling to within one hour to keep costs down.

Travel within an hour's radius of your base will usually provide more than enough business for a full time operation.   

 

How much does the mobile business cost?

The Racer Kart mobile business with 4 karts, 8 battery packs, 4 chargers, standard inflatable circuit, electric blower, generator and trailer is extremely economical. A typical package costs £16,200.00 excluding delivery or taxes. Prices may vary depending on build costs at time of order.

 

Individual quotes for a Racer Kart mobile business with optional extras can be given to suit your specifications.

 

If you are a start up business it could pay to become VAT registered to claim back the  VAT.   Please seek the advice of an accountant or check with the VAT office.

 

How much can I expect to earn?

Birthday parties will be evenly spread out over the year and it would be possible to run 2 or 3 birthday parties per week @ between £150.00 and £250.00 per event.

 

Car boot sales and markets are an excellent income generator. These are more seasonal than birthday parties, with most car boot sales and markets running weekly on Saturday and Sunday mornings from Easter through to the October half term. You can expect to take £200.00 - £400.00 over an average morning, that’s a possible £800.00 over a weekend!!.

 

Special events such as car dealer open days, business launches and corporate events can be arranged with a set fee for a full day’s operation. Your daily rate and can be charged between £250.00 & £1000.00 per day depending upon location.

 

Events at agricultural or county shows, fetes, shopping malls, fun days etc will need to be negotiated with the organisers. You will usually negotiate a set fee for the space, however, some organisations, especially charities, churches and schools may want to offer you free space and negotiate a percentage of the   income. £300—£1000 expected income.

 

Secondary spend ideas: offer birthday party bookings, a pack of Racer Kart party invitations, party bags with sweets, a small toy etc. Pricing and profits will vary upon what you offer. Party bags can include contact details and invitations to encourage further bookings from party goers.

 

At a fixed location the income will depend on opening times, i.e. hours open and the number of children driving Racer Karts. Income example: 4 Racer Karts. 3-Minute rides. 7 Hours per day. 200 Days per year. £1 per ride = 80 rides per hour.

Income 80x7x200x£1 = £112,000 / 50% efficiency = £56,000