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Business For Sale

Home Theater Franchise - Reduced

Oakland County, MI, USA

Retail: Non-classifiable

Asking Price:
Year Established:
Employees:
Listing Number:
$399,000
2005
4 full time, 1 part time
4007329
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$985,000
Not Disclosed
$133,000
Not Disclosed

Business for Sale Overview:

Here's is your chance to enter the exciting world of home theater sales and installations. This franchised business opened its doors in 2005, and at the end of their first full year of operations, the revenue exceeded the one million mark! The market and the potential is explosive. Home theaters are being installed in every new house and every remodeled basement. The deadline for HDTV transmissions next year is further fueling the drive to convert to upgraded equipment. The business operates out of a wonderfully located 5,500 sq.ft. facility that is in one of the most prime retail areas of Oakland county. Traffic counts for the facility are in the multiple thousands per day. Exceptionally build-out of the facility makes it extremely appealing to the customer base that walks in the store. All of the hard start-up work for the business has been done, the rest is up to you!! Everything has been set up for you to take over the reins of the business. It is truly a turn-key opportunity - everything is included and the lease is transferable to qualified candidates. A wonderful marketing program is in place and the business now benefits from a significant referral base which includes: past customers, big-box stores, builders and re-modelers. The seller will consider a 50% equity buy-in from a highly qualified buyer, with the remaining 50% to be purchased over time through the proceeds of the business. Contact us now for all of the details.

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:

Retirement

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 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.

Additional Information

Home Theater Franchise - Reduced
Business Listed By:
Rick Smith
Summit Business Brokers
contact the seller
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