Online Retail / Pro Audio & Recording Equipment Store

Price: $900,000

Location: Relocatable

Industry: Online and Technology

Listing ID: 42734659

Listing Status: New

Description

Welcome to a rare and exceptional opportunity to acquire a legendary online retail store with a rich 52-year history in the audio industry. This esteemed business stands as one of the world's largest dealers of recording and music products, boasting a comprehensive range that includes pro audio, recording equipment, DJ gear, musical gear, musical instruments accesories, home audio, and more. With over five decades of industry presence, this online store has solidified its position as a trusted and renowned name in the audio equipment space. Offering a diverse array of products, the store is a one-stop destination for enthusiasts and professionals alike. From pro audio equipment to musical instruments, recording media, and even their own recording brand, this business covers every facet of the audio experience. The sale includes $250,000 of inventory and established storefronts on major online platforms, including Amazon, eBay, and their own dedicated online store. This multichannel approach ensures a wide reach and diverse customer base. In addition to product sales, the store provides specialized services such as reel-to-reel tape and equipment repairs, audio and videotape repairs, as well as hard drive solutions. This adds an extra layer of value for customers seeking expertise and support. The brand has achieved global recognition, attracting customers from all corners of the world. A testament to its reputation, this store is not just a seller but a destination for audio enthusiasts seeking top-tier products and services. Don't miss out on the chance to own a piece of audio history. This is not just a business; it's a legacy. Inquire now to take the next step in securing this extraordinary opportunity.

LISTING DETAILS

Down Payment: $900,000

Total Sales: $1,237,105

Cash Flow: $239,346

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $10,000

FFE Included: Yes

Inventory: $250,000

Inventory Included: Yes

Operation

Year Established: 1971

Year of last Acquisition: 1971

Days & Hours of Operation: Online 24/7

Owner Hours Per Week: 40

Non-Owner Payroll: N/A

Employees: 2

Managers: 1

Absentee Owner: No

Lease Option: Available

Location

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $1,996

Type of Location: Warehouse

Square Footage: 1500

Franchise: No

Relocatable: Yes

Summary

Reason For Sale:

Retirement

Training & Support:

4 weeks at no cost.

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER