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Maverick Motorsports targets SCCA Solo II demographic through a performance-focused, production-ready sports car. Key features include lightweight chassis, versatile drivetrain, and customizable options like E-85 or gasoline engines. Quality assurance methods and employee involvement ensure top-notch production. Investment profile, equipment details, and manufacturing costs provided. Interested in a profitable venture? Invest in Maverick Motorsports today!
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Maverick Motorsports “Cutting Edge Technology, Vintage Style”
Overview • Sports Car Club of America (SCCA) Solo II Racing Market • Growing Solo II demographic: • 51% of all interest in SCCA lies in the Solo Classes • Good future investment plan to focus on this growing demographic (SCCA Membership Demographic Profile. Compiled March 2006)
Market Demographic • Approximately 55,000 Members • Median Age: 45 • 60% in the 18-49 age group • 58% are in professional or managerial positions • 38% of SCCA members are primarily interested in Solo Class Racing • 78% of SCCA members participate in racing events (SCCA Membership Demographic Profile. Compiled March 2006)
SCCA Buying Influence • Earnings: • 89% earn $50,000 or more annually • Average household income is above $128,000 annually • Purchasing Habits • Mean average SCCA member owns 1 competition car • 64% purchased a car over the past 2 years • 32% plan to purchase a car in the next 12 months • 83% purchase automotive accessories and equipment over the internet (SCCA Membership Demographic Profile. Compiled March 2006)
Objective • Maverick Motorsports meeting the demand • Designed with customer desired features and capabilities • Ready for production
Performance and Profit • Chassis • Lightweight 1020 DOM Space frame • 600 RR Engine • Common production engine with high availability rate and great customer support • Suspension • Easily tunable to different track layouts • Drivetrain • Improved design allowing for more power to the track
Customer Purchasing Options • E-85 or Gasoline tuned engine option upon customer request • Tailored ergonomics to customers measurement • Spool or Differential option upon customer request
Quality Assurance & Control • Standardized Assurance System • Failure Mode and Effect Analysis (FMEA) • How Serious • How Often • How easily they can be detected
“Just in Time” System Encourage employees to take an active role in quality control • Utilizing employee ideas and opinions in production processes • Participate in “Kaizen” events • Kaizen – Daily process that humanizes the workplace, eliminates overly hard work (both mental and physical, and teaches how to spot and eliminate waste in the business environment)
Plant Layout 14,500 ft² Fabrication Equipment • 4 TIG Welders • 1 CNC Mill • 1 CNC Lathe • 1 Band Saw • 1 Tubing Bender • 1 Sheet Metal Brake Plant Manning • 4 Welders • 2 Machinists • 12 Labor Workers
Investment Profile Requires $15,492,182
Administration & Engineering $212,000 Equipment Purchase $83,067 Annual Expenses $133,645 Workforce Training $12,000 Equipment Maintenance and Upkeep $22,000
Administration and Engineering • Human Resources • 1 Human Resources Specialist - $37,000 • Engineering & Tech Support • 1 Mechanical Engineer - $50,000 • 1 Manufacturing Engineer - $46,000 • Marketing • 1 Marketing Specialist - $32,000 • Finance & Accounting • 1 Accountant - $34,000 • Facilities • 1 Janitor - $13,000 Total = $212,000 (Annual averages in Mankato, MN compiled by www.indeed.com/salary)
Equipment Purchase • CNC Vertical Mill - $43,995 • CNC Lathe - $23,995 • 4 Tig Welders - $ 9,344 • Band Saw - $3958 • Tubing Bender - $1,045 • Sheet Metal Brake - $730 Total = $83,067
Annual Expenses • Facility Rental = $ 78,445 • Utilities = $23,200 • Equipment Updates = $22,000 • Workforce Training = $12,000 Total = $133,645
An initial investment of $15,490,000 will return a profit by the end of year two!