SBA Pre-Approval NY Audio Equip Leader

Not Disclosed, NY
New York County


Asking Price: Annual Revenue:
$995,000 $1,713,192

Retail: Electronics, Technology, Computers, Cell Phones


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RE: SBA Pre-Approval NY Audio Equip Leader Broker: Carey Davis

Quick Facts

Asking Price: $995,000
Annual Revenue: $1,713,192
Net Profit: Not Disclosed
Cash Flow: $275,374
Total Debt: Not Disclosed
FF&E: $807,172
Real Estate: Not Disclosed
Year Established: 2005
Employees: 9
BBN Listing #: 840735879
Broker Reference #: 6842-313009

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Business Overview:

From Broadway, pro-sports to network TV this is NYC's leader in sales, rental and service of professional audio equipment. Audio Specialists- the real professionals in anything sound-related. Find out how the SBA pre-approval can make this deal happen for you at a fraction of the stated down payment.

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Property Features and Assets:

The company began over 25 years ago in New York City providing audio equipment rentals. Over the years it has grown by strategic acquisition into sales and service of professional audio. Retail and Office, separate 750 square feet, month to month storage nearby.

Market Competition and Expansion:

There are fewer players than years ago as the audio equipment industry has consolidated. This business has the three-legged leadership strength and stability of sales-service-rental. Potential Growth What was once strictly a company helping the music industry with equipment rentals has grown into key player for the audio needs of TV, film and digital production. Importantly, it remains the HQ for "getting stuff fixed." Strategic expansion into other markets is growth possibility as are new services provided for the greater NYC area.

Reason for Selling:

health

Additional Details:

  • The property is owned.
  • 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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