For a few years now I have thought about opening my own MX track. I live just N of Austin and there is 1 track from Waco to San Antonio (along 35), and it is Del Valle in SW Austin. It is mainly a practice facility that hosts their own race schedule a few times a year. My thought is to just type this out to get some feedback and thoughts...
My initial thought is to make it a location to host racing, with regular practice hours weekly. Similar to 3 Palms in Houston, Village Creek in FW, or Oak Hill a few years back.
Here are my immediate concerns/thoughts:
1.) Will the market support it? I say yes. A few reasons - 4 dirt bike shops in Austin & employees all seem to agree we need a 2nd facility and/or a better facility than Del Valle. I know guys who drive from Austin to Houston or Dallas to ride just because the option(s) here are so bad.
2.) Finding the land - I want it near a major highway, so the exposure is good (ie 3 Palms). I have already asked a few places about leasing land, but I have been denied so far.
3.) How much land - 30 acres at minimum and 100 acres at most seems reasonable
4.) How much $$ - I think that depends on how I start. If I open just as a practice facility first to generate some revenue, lease the land & equipment, then I think I can open it up for $35k. My intention is to have permanent fixture restrooms and concessions, RV hookups, etc. I need to have a source for water & electricity. I think I could up investing over $200k over time.
5.) Partnering with a storage facility - Ideally I would either partner with a storage facility or have one on the property. This would allow for people in apartments to keep their bikes, gear, etc at the location, and would allow people with trailer/truck issues a way to ride at will. Also, this would provide additional revenue.
Anyway, these are my ramblings for now... what are your thoughts?
My initial thought is to make it a location to host racing, with regular practice hours weekly. Similar to 3 Palms in Houston, Village Creek in FW, or Oak Hill a few years back.
Here are my immediate concerns/thoughts:
1.) Will the market support it? I say yes. A few reasons - 4 dirt bike shops in Austin & employees all seem to agree we need a 2nd facility and/or a better facility than Del Valle. I know guys who drive from Austin to Houston or Dallas to ride just because the option(s) here are so bad.
2.) Finding the land - I want it near a major highway, so the exposure is good (ie 3 Palms). I have already asked a few places about leasing land, but I have been denied so far.
3.) How much land - 30 acres at minimum and 100 acres at most seems reasonable
4.) How much $$ - I think that depends on how I start. If I open just as a practice facility first to generate some revenue, lease the land & equipment, then I think I can open it up for $35k. My intention is to have permanent fixture restrooms and concessions, RV hookups, etc. I need to have a source for water & electricity. I think I could up investing over $200k over time.
5.) Partnering with a storage facility - Ideally I would either partner with a storage facility or have one on the property. This would allow for people in apartments to keep their bikes, gear, etc at the location, and would allow people with trailer/truck issues a way to ride at will. Also, this would provide additional revenue.
Anyway, these are my ramblings for now... what are your thoughts?
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