Business For Sale

High-end Audio and Home Theatre Sales and Install

Not Disclosed, UT
Salt Lake County


Asking Price: Annual Revenue:
$525,000 $788,504

Retail: Home Furniture & Furnishings


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RE: High-end Audio and Home Theatre Sales and Install Broker: Art Warsoff
Owner Financing is Available!

Quick Facts

Asking Price: $525,000
Annual Revenue: $788,504
Net Profit: Not Disclosed
Cash Flow: $196,431
Total Debt: Not Disclosed
FF&E: $375,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 2
BBN Listing #: 848750336
Broker Reference #: 15541-88437

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Business Overview:

This business sells and installs high quality audio and home theater components to provide an immersive music experience. “Home Theater” has long been the buzzword in this industry, but 2-channel stereo music can still inspire and amaze. This business provides a high-end experience to their customers’ homes at any budget. Product lines are carefully selected in order to provide the best quality components at the best value.

NOTE: THIS BUSINESS HAS BEEN PRE-QUALIFIED FOR AN SBA LOAN FOR A QUALIFIED BUYER.

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Property Features and Assets:

The current owner purchased the business in early 2016 and has built it up to its current sales level by implementing improved processes and effective employee training. The business has been open since 2004, and the current staff has collective experience in the audio/visual industry of over 25 years. During 2017, the current owner increased efficiencies and significantly improved profitability by moving to a smaller, less-expensive location, reducing full-time staff from eight to two, and concentrating on the core client base for sales and revenue growth.

Market Competition and Expansion:

This business has the competitive advantage of being the sole distributor in Utah for several high-end audio brands, with an established customer base that is frequently looking to update and expand their home theater/audio installations, as well as their commitment and expertise in fine stereo systems. There are five other similar businesses within a 40-mile radius. To be successful and grow the business, the new owner will need to increase sales efforts to capture new clients as well as leverage the current network of over 700 multiple-repeat clients. The new owner would drive additional growth by more directly overseeing operations, working to obtain several more contracts with builders, and motivating hard working employees.

Reason for Selling:

Other ventures.

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.

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