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Asking Price:	$3,000,000 USD USA Dollars
Business for Sale Industry:	Retail: Electronics, Tech., Cell Phones
Reason for Selling:	Seller seeks something else; some burnout.
Year Established:	2002
# of Employees:	33 FT & 2 PT
Yearly Revenues:	$7,028,000
Yearly Cash Flow:	$601,000

Business for Sale Overview:

This company is a Northeast Ohio Custom Retailer of medium-to-high end consumer electronics and a Custom Home Integrator of home automation controls which include security, lighting, distributed audio and video, and structured wiring. This business combines retail and custom residential on the fundamental philosophy that one feeds the other. Demographics within a five mile radius of each of the four stores are some of the strongest in NE Ohio. The company has excellent suppliers and is a strong participant in the latest products and trends. Furniture, Fixtures, & Equipment: $ 48,000 Vehicles and / or rolling stock: $ 37,000 Inventory: $ 1,194,000 Accounts Receivable (if included): $ -0- Land and Building (if included): $ -0- Other Assets: $ 530,000 Current Liabilities to be assumed: $ -0- Current Notes to be assumed $ -0- Asking Price: $3,000,000 Down Payment: $600,000 Annual Sales Volume: $ 7,028,000 Cash Flow: $ 601,000

Property Features and Assets:

All four stores are in outstanding locations with great demographics.

Market Competition and Expansion:

This business is much stronger than its competition. Expansion opportunities are excellent.

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.