Audio & Home Audio - Visual Equipment & Accessories
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $1333000
Net Profit / Cash Flow $226000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2001
Number of Employees 4 - 5
Inventory 150000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Seller will provide training for 4 weeks at 30 hours / week.
Reason for Sale Other interests.
Description AUTO AND HOME AUDIO-VISUAL EQUIPMENT & ACCESSORIES WHOLESALE DISTRIBUTOR!!
This auto and home electronics wholesale distributorship has been marketing a very high quality line of equipment to dealers and distributors throughout the country and internationally since 2001. It has its own trademark branded line of upscale electronics manufactured overseas and warehoused here in Los Angeles at no cost to the distributor until delivery is taken. It features a full line of automotive multi-media units (In-dash DVD's, GPS, Overhead Monitors, Universal Visor and Headrest Monitors along with a wide range of Audio products (amplifiers, subwoofers, speakers, tweeters, equalizers, capacitors and installation accessories). There is little or no customer concentration, and a well-trained sales staff both on premises as well as outside commissioned regional sales reps. The facilities show quite nicely and are conveniently located. Sales for 2009 are off, which is reflected in the suggested asking price. Seller is realistic, and highly motivated to sell because he is a busy professional who desires to pursue his real estate activities full-time. He is willing to provide all necessary training and will consider seller-financing for a buyer with good credit, collateral and a 50% down payment.
For more detailed information, please email or call Brian Gunshor at Business Team L.A. at 310-539-8300.
Click Here To Contact Seller
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