Description of the business for sale
Established eight years ago by the current owner, this business generates over $2.75M in sales, with net income around $450,000. This business is a well-oiled machine with experienced staff and management in place. The store occupies a spacious showroom and one installation bay, total of 7,000 sf. Pictures are available upon request. The company sells and installs car audio, video, GPS and security systems. They have exclusive rights to selling 4-5 high-quality products. The owner's responsibilities are primarily in marketing and sales. The nearest competition is 5 miles away. The owner inherited much larger business that he has to take over. The seller might consider to carry a note for a qualified buyer. For more information, please call Global Business Group at 714-434-2663, ask for Jacob Berenfeld. ADD FIN INFO: Financing: Seller will carry a note Inventory ($ 200000 ). FF&E ($ 100000 ). REASONS FOR SELLING: Moving out of state
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Support / Training provided by seller
Training of 4 wks is included in purchase price
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