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Business For Sale
FAMOUS BRAND MOBILE ELECTR.IMPORTER DISTRIBUTOR
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Asking Price: |
$5,500,000
USD USA Dollars
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Business for Sale Industry: |
Wholesale/Distribution: Durable Goods
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Reason for Selling:
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Other business interests. |
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Year Established:
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1989 |
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# of Employees:
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12 |
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Yearly Cash Flow:
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$2,000,000 |
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Yearly Gross Income:
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$11,304,000 |
Business for Sale Overview:
Famous Brand Mobile Electronics Importer Distributor - $2 Million Net! Price Rediced!!! This company owns, imports, exports and distributes worldwide well-known brands of car audio and video products. The headquarters are strategically positioned in So. California, allowing good control over products arriving from oversees manufacturers and distribution throughout United States. The company was established by the current owner over 19 years ago and currently owns several well-known in car electronics brands of stereo, audio, and video equipment. The company has long-lasting relationship with oversees factories, and well-developed distribution network throughout USA. One of their largest customers is Walmart, giving you understanding of scale of operation and quality of products. It is a well-oiled machine that doesn't require much of owner's attention at this point, allowing the owner to run his other businesses and have some leisure time. The business produces quite lucrative net income - $2 Million! The price reflects significant value of goodwill represented by brands owned by the seller. Average value of inventory is $2.5 - 3.0 Million. Inventory is not included in purchase price.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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