Location: Broward County
Industry: Wholesale and Distribution
Listing ID: 42734593
Established and well equipped sales, service and installation of stereo, security and lightning systems for automotive and marine.
Business provides premium audio accessories with professional installation for any make and model of vehicle, high end audio system integrations, mobile video add-ons, factory equipment upgrades.
They offer lifetime warranty on installations and they also provide high performance sound quality products for marine, off-road and powersports.
Business is certified Intoxalock Ignition Interlock location, which brings another income stream. Seller started to sub-rent his unused area to window tinting business that brings another income of $1,000 monthly and clients as well.
Located in busy plaza, business has storefront and warehouse area.
$20,000 of inventory is included in the price.
Seller financing is available.
Down Payment: $200,000
Total Sales: $446,476
Cash Flow: $239,296
Accounts Receivable: N/A
FFE Included: Yes
Inventory Included: Yes
Year Established: 2019
Days & Hours of Operation: Monday-Friday 9:30 AM-5:30 PM, Saturday 9:30 AM – 4:00 PM
Owner Hours Per Week: 40
Lender Pre-Qualified: No
Non-Owner Payroll: N/A
Absentee Owner: No
Security on Lease: Yes
Lease Option: Renewal option is available.
Real Estate: N/A
Real Estate Included: No
Monthly Rent: $4,000
Type of Location: Storefront, warehouse
Reason For Sale: Relocation
Training & Support: Seller provides training for 4 weeks at no cost.
Seller provides training for 4 weeks at no cost.
Owner Qualifications: Technical knowledge is a plus.
Technical knowledge is a plus.
Financing/Terms: $160,000 is financed for 24 months at 5% (monthly $7,019).
$160,000 is financed for 24 months at 5% (monthly $7,019).