Successful TV and Audio Retail Business
Florida
| Asking Price: |
Gross: |
Cash Flow: |
| $549,000 |
$1,254,137 |
$192,452 |
Furniture and Fixtures Value:
$0 ( not included in the asking price)
Inventory Value:
$80,000 ( not included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
Profitable, Well-Established, & Diversified Business. Founded in 1990, this long-standing Business has been a great asset to the community. Focusing on Sales & Service of Electronics, Audio Equipment (home & auto), and Appliances. Service contracts in place with all major manufacturers. This is a Diversified Business drawing Revenue from multiple sources at great margins. They have a loyal customer base and significant growth potential for entrepreneurs passionate on making money while being involved in a fun industry.Great location in growing area with mobile technicians as well. Very good lease and high visibility free standing location. All the vehicles and equipment transfer to the new buyer including everything you need to run and operate this successful business.Inventory is available for an additional fee.NDA and Proof of funds required. This listing is offered as a Co-Broker collaboration with Seller Broker.
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| Year
Business was Established: 1990 |
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| Number of Employees:
9 |
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| Facilities / Terms of Lease:
Free standing location with 3 fully equipped service vans. Auto Audio service bay on site. Great parking. Located in a high growth area. Well established Business at the same location for 33 years. Seller will become landlord and will offer new buyer a very fair lease of 5 years with 5-year option at $18 per square foot, Gross Lease. Seller/landlord will maintain roof, taxes, maintenance, and insurance on building. |
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| Potential
Growth/Expansion:
Creating an advertising and marketing program. Adding more service vehicles and technicians. Expanding the 12-volt retailer & auto audio division. Extending the geographical area. |
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| Competition:
Business offers a full-service experience not limited to their products. Southwest Florida is a booming area with an increasing number of customers. |
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| Owner
willing to finance:
SBA 7A Eligible & Seller Financing to qualified candidate |
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| Owner
willing to train:
The Seller will provide training for the transition. If interested, the Seller is willing work for an extended period of time for a modest wage. |
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| Reason for selling:
Retirement |
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| REQUEST MORE INFO |
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