Automotive Services>
High Volume Car Audio in SF Bay Area

Price: $1,250,000.00
Availability: Available
Prod. Code: 550-233

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 automotive accessories, car audio, video, GPS and security systems. They have exclusive rights to selling 4-5 high-quality stereo sound systems. 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.

 
Established, years 8
Bldg. Size, sq.ft. 7,000
Number of  Employees 7
Monthly Payroll $30,000/mo
Monthly Rent $9,700/mo
FF&E 100,000
Annual Sales $2,760,000
Annual Discretionary Cash Flow $444,000
   

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