How much money can you make from go karting?

While a go-karting business can cost a lot to open, its profits can be large. LLC go-kart businesses can make between $500,000 and $700,000 yearly, if they’re smart about attracting and retaining visitors.

How do you get a kart sponsor?

Below is a summary of things to consider:

1. Look locally first, then increase your reach.
2. Try to find companies related to motorsports first.
3. Check with go-kart tracks, locations and organizers.
4. Also try other local shops and companies in your locale.
5. Approach go-kart chassis and part manufacturers.

How do I start my own go kart business?

Understanding the steps to opening a go-kart business is the key to future success.

1. Create Your Business Plan to Obtain Financing.
2. Set Up Your Legal Entity.
3. Obtain Licenses, Permits and Insurance.
4. Create a Liability Release Form.
5. Build Your Expert Support Team.
6. Establish Your Pricing.
7. Final Important Considerations.

How do you get sponsors for racing?

Do’s

1. Treat your Race Team as a Business. Contacting a sponsor is like contacting a potential employer.
2. Sponsorship Proposal.
3. Research the company.
4. Establish a Relationship.
5. Do Business with a Potential Sponsor.
6. Appreciate Technical Assistance.
7. SUPPORT YOUR SPONSORS!
8. Use proper spelling and grammar.

How much does a Go Kart cost?

The average go-kart costs between $1,500 to $2,500. However, you’ll need to understand that there are many types of go-karts and each go-kart type has a different price range. For example, a pedal go-kart for a kid can cost as low as $150, whereas a professional high-end adult racing go-kart can cost up to $10,000.

How much does it cost to setup a go-kart track?

The average cost of starting a go-kart business can range from $ 100,000 to $ 300,000 in expenditures due to a lot of start-ups expenses. The average amount necessary to rent a facility monthly, ranges between $2,400 to $4,000.