Description of the business for sale
The Seller describes this as the Number One Store of its kind in California. This prolific Car Audio Store offers a full array of products and services. In addition to sound systems, the Store sells rims, tires, spinner rims, multimedia systems, intakes, all kinds of popular doors, air bags, custom interior, body kits, grills, lights, under-carriage, variety of contemporary lights, window tint, navigation systems, air-ride suspensions, alarms and custom installations. Established in 1996, the company prides itself at providing all up-to-the-minute popular installations at one location. Some of the most complicated work is sent out to qualified technicians. The company has a high revenue cash flow all year around. A significant part of the business comes through referral from happy customers. One important feature of the company is that it is an Authorized Dealer for most all of the major brands of equipment to include Rockford, Parrot, Dynamite, Pioneer, MA Audio, Dub, Eagle, Visonik, US Amps, Skyfech, Bicron and Galaxy. The owner states that a major advantage of being an authorized dealer is that they can purchase their products at an average of 25% less than non-authorized car audio stores.
REASONS FOR SELLING: Owner is entering a new business venture.
EMPLOYEES: 9 full-time
We Invite You to Visit Us on Our Website: www.silverbridge.us
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Support / Training provided by seller
Owner will train and consult
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Description of the facilities
The store is centrally located with an attractive hi-tech showroom, installation bays in back, and is busy all the time. 3,800 sq foot store with a lease until the year 2012.
GROWTH: Always growing through product and service improvement. New products keep the customers coming in and keep the staff fresh.
COMPETITION: Always growing through product and service improvement. New products keep customers coming in and keep the staff fresh. The Owner states that the Store is the best of its kind in California. Competition has not been an issue for this Store.
ADDITIONAL FINANCIAL INFORMATION
•Financing: $900,000 down; terms to be determined and secured by real estate & Store
•Inventory: $180,000
•FF&E: $30,000
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