Tim McLaughlin

Rochester, MN (USA)
Role(s):
Founder/Owner/Principal

Speed Factory, LLC.

Location: Twin Cities Metro
Industry: Entertainment
Year Founded: 2011
Number Employees: 1-10 people
Business Stage: Creation/Idea
Entity Type: Limited Liability Company
Description: Our company is primarily an indoor karting facility. To that end the company has focused its efforts on the development of the premier indoor family entertainment center in the twin cities metro area. Utilizing the industry leading electric powered eco-friendly, high performance karts from Italy; combined with our premier facility and unsurpassed customer service, we are a company primed to take advantage of an expanding and profitable industry. Based on the current entertainment prices and cost of revenue structure in the local amusement and recreation industries, and closely mirroring a proven business model/existing indoor facility in Florida we believe that our company will be profitable in the first year of operation. With our strong management team, our aggressive marketing plan and vision for the business, we project a consistent positive growth rate. Our marketing efforts, the ambiance of our facility, our stellar employees, and the wow factor of our karts will keep them coming back. Our indoor race facility will be a comfortable, inviting establishment designed to help our customers experience VIP treatment for their entertainment dollar. Drivers of all ages can fuel their passion for speed in a controlled state of the art facility. I would love to sit down with you and discuss this concept and share my complete business plan and competitive advantages with you. Let's create jobs for Minnesota! At Speed Factory, "we are customer driven!"