Business for Sale Overview:
This company owns two car stereo stores in Orange Co. They sell and install car audio and video, security equipment, as well as wheels and tires. Car stereo is one of the most profitable businesses now days. It is a mature business - the stores were around for nine years. Both stores are strategically positioned in the area with suitable demographics, on streets with high traffic. One store has a long-time manager, the other store is managed by owners. This business is currently operated semi-absentee, because owners concentrated on another business. Even in this situation they make pretty good money in current economy. Sales can be significantly increase by owner being in-store all the time. The price is less than 1.5x net income, which makes this deal a bargain. The purchase price doesn't include inventory of around $500,000. Partnership split forces this sale.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Reason for Selling:
Other business interests
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.