Profitable Car Stereo Shop With Great Reputation

Houston, TX
Harris County


Asking Price: Annual Revenue:
$1,400,000 $2,080,432

Automotive & Boats: Auto & Truck Repair & Service


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RE: Profitable Car Stereo Shop With Great Reputation Broker: Jason Ward
Owner Financing is Available!
Available on a case-by-case basis, approved by owner

Quick Facts

Asking Price: $1,400,000
Annual Revenue: $2,080,432
Net Profit: $396,370
Cash Flow: $396,370
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 4
BBN Listing #: 921660045
Broker Reference #: 100540

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Business Overview:

Highly profitable car stereo shop available for acquisition due to retirement. Well established shop with the original owner in place and a great reputation and convenient location. The shop has been growing rapidly over the past few years and sales are thriving in the Covid-19 environment (up 14% YTD compared to last year).

The shop has high margins with a mix of approximately 50% retail and 50% wholesale. There is tremendous upside and opportunity to grow the business by adding product lines, increasing sales staff, hiring additional technicians, and opening additional locations.

This is a rare opportunity to acquire a thriving business with a great reputation. Have fun and make money!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Freestanding building with good visibility on a major road. Average daily traffic counts over 37,000 cars.

Market Competition and Expansion:

There are many opportunities for expansion and growth, including the following: Adding product lines (car lifts, tires & wheels, window tinting), increasing sales staff, opening additional locations, hiring additional technicians, offering in-store financing, and online advertising.

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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