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  • RE:  Popular Absentee Owner Car Audio & Tinting SC2162
  • Contact:  Adriana Sargent
  • License #: 02100708
Owner Financing is Available!
Seller financing may be available for up to $350,000 over 5 years at mutually agreed upon interest. The amount financed will depend on the offered price and the quality of the Buyer.

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

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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

This Northern California based Car Audio and Window Tinting Business is a California C Corporation and was established in 2005 and has been under current ownership since inception. This company specializes in car audio and electronics, window tinting, safety & security, and led lighting. With 2 locations in Northern California, they are the premium brand in car audio. They are the destination for brand name Subwoofers, Speakers, Amplifiers, Car Alarms, Remote Start, Bluetooth Receivers, Marine Audio, Video, and in-dash navigation. Some of the premium brands they carry include Rockford Fosgate, Wet Sounds, Pioneer, JL Audio, Kenwood Excelon and several others. Their lines of accessories include names such as PAC Audio, Stinger and Metra as well as many more.
 
CA 02100708
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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