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Niche Electronics and Accessories Business

South Dakota

Asking Price: Gross: Cash Flow:
$950,000 $1,029,226 $239,667

Furniture and Fixtures Value:
$235,660 (included in the asking price)

Inventory Value:
$76,627 (included in the asking price)

Real Estate:
$600,000 (included in the asking price)

Business Summary:
For over two decades, this business has been a dominant force in this industry. Positioned as a "turnkey" opportunity, this business offers exclusive product lines, innovative installation techniques, and a high level of customer service that is second to none. The historical revenues, for this business, have been trending upward except for 2022 to 2023 which essentially ended up even. The location for this business is in a high-traffic area of the city which reduces the need for certain marketing dollars being spent.

 
   
   
Year Business was Established: 2001
   
Number of Employees: 3 FT  
   
Facilities / Terms of Lease: The facilities are adequate for current and future demand.  
   
Potential Growth/Expansion: The growth potential is real. A new owner could increase the investment in digital marketing, revamp the website, invest time and research into additional services to offer your existing customer base, and lean on the built-in vendor pool for innovative and additional "add-on" sales and marketing ideas to attract new customers.  
   
Competition: The competition in this industry is considered mature. With that said, this business has been around much longer than its competitors, has key referral business relations, and has a presence in the industry that is second to none.  
   
Owner willing to train: Will train for 2 weeks @ $0 cost.  
   
Reason for selling: The seller would like to retire.  
 

 

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