OK, Since Everyone Said The Parts Store Would Fail...

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11-20-2007, 06:39 PM
Mr_Mischif

Quote:

Originally Posted by Glides

You sir, are absolutely correct. He should go for whatever he wants to do. But you are comparing a Million dollar + venture to a Clay pot that plants grow out of, a rock and a small device that clicks on the lights. While they are worthy inventions, they are small, cheap to conceive (hell I got 500000000 pet rocks in my backyard) and are easily mass marketable.

He seems to be looking for something to do, not really invest in per se, but do. He wants to do something. But the scale he is wanting to do it on is huge. Hell, he hadn't even thought of insurance, EMT's and paving. Like most of us when planning something, we skip over the getting there and go straight to the money. :)

So, while I think it would be a great idea, it's a nigh unattainable one without a hefty investor with lots of capital.

Let's ask the grading guy. Put together an estimate on a lot the size of a Target, with parking, slideout zones for out of control cars, pavement and the incredible amount of barriers you are going to have to have to satisy the city. That is just one part of this venture. Because you won't get away with flags like DGTrials one day events, not being a permanant site.

I can tell you this, I think our Insurance costs were right around 1000-2000 (depending on who we used) for just one day at a Seda event. I think the lowest we got it down too was $500. For one day.

It's not as easy as it sounds. By far.

Can you give me the name of the company that insures the SEDA events? I want to see how much a year it would cost me to insure my site. Also do you know any place where I can electronically check the size of locations such as my deserted Target lot? Plus zoning if you can; I'm just in the "dream" stage of this project right now, but if I think I won't have to live in the gutter for 15 years if it fails, I just might say f*ck it and do it.
11-20-2007, 06:40 PM
Mr_Mischif

PS I'm not in it for the money really, I just want someplace for us to have SEDA and Drift Fury events w/o being looked down upon.
11-20-2007, 06:49 PM
TheDarkRacer

^^ u my man are liven life. Good luck, i know as soon as it got done id be out there rippin it up.... so yea im a supporter, just make sure you get a list of things needed, and some estimates.(also you should see how close a gas staion is so then you can see about makin a deal where you can sell their gas at the place just incase P.S. its an idea....)
11-20-2007, 07:00 PM
Jecht

Glides is right. I think that it would be foolish to even attempt to open a track in an old parking lot. You likely cannot finance it yourself (no offense) and there will be very few if any people that are willing to invest in it.

Unless you get one of the Hogans to finance it. I'm sure Nick would love to crash cars there all day long.
11-20-2007, 08:03 PM
DrivenMind

Quote:

Originally Posted by Glides

Ok, having been an owner of SEDA, I can safely tell you that your busniness idea would fail.

First off. Insurance would eat you alive.
Secondly, your liability would be astronomical.
Thirdly, zoning would be impossible.
I don't even know if Fourthly is a word but, noise violations and complaints would shut you down within the first month.

We did an event at Gwinnett county fairgrounds once.........once. We had so many complaints that an officer was dispatched to sit there. The reason? Screeching tires. Makes everyone around think there's been an accident and they call out the cops.

It's a wonderful idea, but it's a fantasy. You will lose your ass. Black Hills Circuit is losing it's ass right now. Sure it's far away, but they have none of the problems that I mentioned above.

At your place you will have to have track personel, EMT's, Fire services, security and god knows what else because it will be classified as a racing facility. This isn't a skatepark we are talking about.

Repaving alone in the kind of asphalt you would need will run you well over 500,000 i'm sure. To repave and extend BHC was something close to a Mil I think, Could be wrong on that but my paving at my business was over 70,000 and it's tiny.

So open a T-shirt shop and call it a day. Anything more than that will bankrupt you and you'll end up either committing suicide or robbing a 7-11.

Who are you? I drove at the GCF event, and its still considered by a lot of people who went, to have been one of the best events thats been held in Ga. The track layout was amazing, and it was long. Not like the typical events we get now, with a "track" containing usually 4 corners. While those are great for learning consistency, they're not nearly as fun as thrashing your car for almost a solid minute.

Is anything happening with BHC, or are you guys just gonna leave it as it?
11-20-2007, 08:37 PM
lilmanx01

Quote:

Originally Posted by Julio

listen anything with coruption will have a better chance... sex store or package store have better hopes.

Invest in a liquor store.

i agree now the problem with a liquor store is you gotta find a great location. and have a lot of $$$ to invest to get it going. basically the more you buy the cheaper you get it. one of my uncles locations is pretty big and he's able to stock a lot and doesnt have much competition. another really cool thing is he has drive through windows on both sides of his store...its pretty pimp. you just pull up tell him what em what you want and they'll go grab it for you. if you dont know but have a budget we recommend something.

now a sex shop makes a ton of money too. and the cool thing is most of it is just through orders. people order all kinds of sex toys and whatever cause most of them are to shy/scared to come in.
11-20-2007, 11:05 PM
HiPSI

Quote:

Originally Posted by Mr_Mischif

PS I'm not in it for the money really, I just want someplace for us to have SEDA and Drift Fury events w/o being looked down upon.

we don't get looked down upon at the current running venues. there are still a few elitist SCCA guys that just hate the sport of drifting, but we have no problem securing the current venues.

to add to the list of problems with the idea, you have to think about actual profitability. turner field for example, has these giant parking lots because they have a multi-million dollar facility to fill up during games. those lots just sit idle when there are no games going on, so it's just money on the side for them to rent them out to use. all of their money is made on the stadium, the money we pay to use the lots is pretty much enough to cover re-striping and maintaining them after we're done. in the case of your concept, the lot is your only money maker and while it wouldn't take any major staffing it would still run you into the ground in insurance costs. that's also assuming you got the place up and running, which would end up close to if not over $1M and insane lobbying with local government just to get any kind of approval (take into account that even though they approve it, they can still shut you down too).

as much as i'd love to see something like this come together, i just don't see it happening anywhere near any kind of major city.
11-20-2007, 11:08 PM
HiPSI

Quote:

Originally Posted by DrivenMind

Is anything happening with BHC, or are you guys just gonna leave it as it?

from what i've seen the guy is trying to sell it. for a mere $280k you can own your own beat up kart track in the middle of nowhere, GA.
11-20-2007, 11:19 PM
lilmanx01

Quote:

Originally Posted by PSINXS

Troof. my boy is opening a drive thru liquor store and its really pure profit

oh **** pimpin haha i didnt even see this post before i posted :goodjob:
11-21-2007, 01:33 AM
Glides

Quote:

Originally Posted by Mr_Mischif

Can you give me the name of the company that insures the SEDA events? I want to see how much a year it would cost me to insure my site. Also do you know any place where I can electronically check the size of locations such as my deserted Target lot? Plus zoning if you can; I'm just in the "dream" stage of this project right now, but if I think I won't have to live in the gutter for 15 years if it fails, I just might say f*ck it and do it.

I'll see what I can do.

Drivenminded. I'm Jay from SEDA. I drove the Red Bull looking 240, my brothers Mike from Top Hat. Seda is actually now being taken over by Marcos Ruiz. He's cool and I think he will do great with it.
11-21-2007, 09:35 AM
DrivenMind

http://icanhascheezburger.files.word...t-birdcage.jpg
11-21-2007, 09:36 AM
DrivenMind

Quote:

Originally Posted by Glides

I'll see what I can do.

Drivenminded. I'm Jay from SEDA. I drove the Red Bull looking 240, my brothers Mike from Top Hat. Seda is actually now being taken over by Marcos Ruiz. He's cool and I think he will do great with it.

Ah ya, I filmed you at the Lucky Slides event back in teh day... I think...

Marcos is a damned good dude, I had no idea he was running SEDA now... crazy.
11-22-2007, 01:23 AM
ahmonrah

mr mischif
i grew up where you live now and that spot has been abandoned since i came back from the military on like 99-00. i've thought about putting **** there too and it's still for sale, but you'de honestly have to have more than one operation there....a cash cow if you will to be able to keep the plot profitable enough to be able to do something for the enthusiasts...referencing the autox/gymkana/DORIFTOooo!!! that your talkng about.

it's like having a "custom body shop" they mostly keep things going with insurance claims until they get a person in the door that wants to pay for CUSTOM WORK.
11-22-2007, 01:27 AM
ahmonrah

Quote:

Originally Posted by Mr_Mischif

PS I'm not in it for the money really, I just want someplace for us to have SEDA and Drift Fury events w/o being looked down upon.

and not shooting down what your saying....god know passion is what's needed to drive things....but passion without solid backing is like masturbation.......FILL IT IN PEOPLES!!!!

and meanwhile your left with the clean up......
11-22-2007, 01:40 AM
EdgarG.

I say you open up a sports bar, and let everyone from IA chill in the parking lot on weekends
11-22-2007, 03:05 AM
DrivenMind

Haha, Contact Super Autobacs, and see if they want to open a store on the east coast.
11-22-2007, 11:59 AM
Brut

Not sure if anyone has noticed this yet. His (Mr_Mischief) birthday is Sep 14, 1991 so hes 16? I know there are 16 yr old millionaires and all out there that had some idea went with it and made millions from it. I doubt this idea would ever work. BUT if you do somehow get it to work more power to you.
11-22-2007, 04:25 PM
ahmonrah

born in 91??!! holy shyt i was raising hell as a young teen then....this kid doesnt know when the first nintendo came out!!

i'm not even 30 but this dude make me feel old....

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