#1263-Profitable Car Stereo & Accessory Company

Not Disclosed, FL
Hillsborough County

Tampa Bay Area


Asking Price: Annual Revenue:
$249,000 $420,000

Automotive & Boats: Auto & Truck Repair & Service


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RE: #1263-Profitable Car Stereo & Accessory Company Broker: Brian Stephens

Quick Facts

Asking Price: $249,000
Annual Revenue: $420,000
Net Profit: Not Disclosed
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1987
Employees: 2
BBN Listing #: 337050148
Broker Reference #: 883-91263

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Business Overview:

This business provides installation of car stereo, SmartStart, alarm systems and window tinting as broken out below. It is currently open five days a week but the owner recommends six days a week operation for enhanced profitability. Repeat customers come back to the business as they get new vehicles and want to enhance and upgrade their factory sound systems for the products sold and installed at this company. For an interested buyer, the seller will allow them to spend a week or two with the business as part of the due diligence to confirm profitability.
• Tinting - 12%
• Install - 25%
• SmartStart - 20%
• Alarm systems - 5%
• Stereos - 60%

The business has a strong legacy and has been around for approximately 32 years.

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Property Features and Assets:

Great location, with constant traffic 24/7, 80,000+ cars a day, great office and product display. The owner is just really ready to retire. He’s spent his time, has made good money and is ready to move on with his life. He’ll sign a non-compete. He will definitely support the transition of the new owner. A good number of previous customers come back as they get new vehicles.

Market Competition and Expansion:

This company has a great reputation and because of this reputation - they are well ahead of new to market folks, specialty service hard to find in what they offer. The owner does not feel that this business is tied to the owner’s personal reputation. The owner will stick around to provide a few weeks of orientation and training. The business has a strong legacy and has been around for approximately 30 years. Give us a call. Many more but this is the one you want. Confidentiality is essential. Completion of the Non-Disclosure Agreement and Buyer's Worksheet required for more detailed information.

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 not a franchise resale opportunity.

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