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- RE: Popular Absentee Owner Car Audio & Tinting SC2162
- Contact: Adriana Sargent
- License #: 02100708
Quick Facts
Asking Price: | $1,820,000 | |
Annual Revenue: | $3,000,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $500,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $50,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2005 | |
Employees: | 14 | |
BBN Listing #: | 943032 | |
Broker Reference #: | SC2162 |
Business Overview:
Absentee Owner Popular Car Audio & Tinting Business - 2 Locations in Northern California - SC2162
Financial Information
Asking Price: $1,820,000
Cash Flow: $500,000
Gross Revenue: $3,000,000
Down Payment: $1,470,000
Financing: Yes
NV 1003039
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Property Features and Assets:
Business Location
City: Northern California
State: California
Detailed information
Year Established: 2005
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 4
Part-Time Employees: 10
Contractors: N/A
Owner Worked Hours/w: 5
Adjusted EBITDA: On request
Inventory Included: Yes
Inventory Value: $500,000
Monthly Rent: $4,000
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value: Negotiable
Building Size: 2500
FF&E Included?: Yes
FF&E Value: $50,000
Market Competition and Expansion:
The global car audio market size was estimated at $8.56B in 2020. The market is projected to grow from $8.82B in 2021 to $13.52B in 2028 at a CAGR of 6.3% during the 2021 – 2028 period.
Training/Support
The Seller is willing to provide training for 4 weeks at 20 hours per week. Additional training from the Seller is available beyond what is included in purchase price at mutually agreed to terms between the Buyer and Seller.
Reason for Selling:
The reason for selling is Seller are looking to pursue other interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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- View more Businesses For Sale in the same industry
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