Successful TV And Audio Retail Business SW FL
Not Disclosed, FL Not Disclosed
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- RE: Successful TV And Audio Retail Business SW FL
- Contact: Jeff Smith
Quick Facts
| Asking Price: | $549,000 | |
| Annual Revenue: | $1,254,137 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $192,452 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1990 | |
| Employees: | 9 | |
| BBN Listing #: | 939400 | |
| Broker Reference #: | TVFL |
Business Overview:
Profitable, Well-Established, & Diversified Business. Founded in 1990, this long-standing Business has been a great asset to the community. Focusing on Sales & Service of Electronics, Audio Equipment (home & auto), and Appliances. Service contracts in place with all major manufacturers.
This is a Diversified Business drawing Revenue from multiple sources at great margins. They have a loyal customer base and significant growth potential for entrepreneurs passionate on making money while being involved in a fun industry.
Great location in growing area with mobile technicians as well. Very good lease and high visibility free standing location. All the vehicles and equipment transfer to the new buyer including everything you need to run and operate this successful business.
Inventory is available for an additional fee.
NDA and Proof of funds required. This listing is offered as a Co-Broker collaboration with Seller Broker.
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Property Features and Assets:
Free standing location with 3 fully equipped service vans. Auto Audio service bay on site. Great parking. Located in a high growth area. Well established Business at the same location for 33 years. Seller will become landlord and will offer new buyer a very fair lease of 5 years with 5-year option at $18 per square foot, Gross Lease. Seller/landlord will maintain roof, taxes, maintenance, and insurance on building.
Market Competition and Expansion:
Business offers a full-service experience not limited to their products. Southwest Florida is a booming area with an increasing number of customers.
Creating an advertising and marketing program. Adding more service vehicles and technicians. Expanding the 12-volt retailer & auto audio division. Extending the geographical area.
Reason for Selling:
Retirement
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
Documents:
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