High Volume Car Audio Business
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2760000
Net Profit / Cash Flow $444000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1999
Number of Employees 6 - 9
Inventory 100000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training 4 weeks.
Reason for Sale Moving out of state.
Description Established eight years ago by the current owner, this business generates over $2.75M in sales, with net income around $450,000. This business is a well-oiled machine with experienced staff and management in place. The store occupies a spacious showroom and one installation bay, total of 7,000 sf. Pictures are available upon request. The company sells and installs automotive accessories, car audio, video, GPS and security systems. They have exclusive rights to selling 4-5 high-quality stereo sound systems. The owner's responsibilities are primarily in marketing and sales. The nearest competition is 5 miles away. The owner inherited much larger business that he has to take over. The seller might consider to carry a note for a qualified buyer.
The asking price is $1,250,000.
The business is currently under contract. If you'd like us to inform you in case the deal doesn't go through, please contact us at 714-434-2663, and ask for Jacob Berenfeld for more information on this Car Audio business for sale.
Click Here To Contact Seller
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