Bose High End Audiovisual Retailer To The Stars For Sale

Business description

An amazing opportunity has arisen to take over Koh Samui’s most prestigious and well respected, high-end audiovisual retail and installation company. Established in 2006, it has grown to be as well known as the brands like BOSE it represents. From its exclusive showroom in a prime location, it serves the islands luxury developers, resorts, restaurants and villas including the famous stars moving to Samui.

Currently the business is trading as a side line to a very successful $ multi-million global internet based audiovisual retailer. The owner has decided to let someone else enjoy the spoils of his hard work and get back to concentrating on his internet company’s exhaustive global expansion. However he is willing to stay on as a shareholder and offer any assistance the new owner may require to assure considerable financial success.

This turnkey business with 9 highly trained professional staff and its foundations laid, is poised to receive sales this year of B34 million and net profits of 20%. The business has an excellent reputation for quality work and is widely known around the island through advertising and word of mouth. The new owners would obtain a fully fledged working business and would enjoy income and profitability straight away. Leased premises can be taken over together with office and installation equipment at cost.

Further details available on request.

Property information

Real Estate:

Lease

Lease terms:

3 years remaining with a further 3+3 extension available

Living accommodation:

Showroom has three floors, one of which was once made into an appartment. Currently being used as an office.

Location:

Prime location directly opposite the exit to Tesco, Homepro, the shopping centre and cinema. Basically every car that leaves has to stop directly opposite our showroom which is impossible to miss as it's lit up like Picadilly Circus.

Other information

Expansion potential:

There is enormous potential for expansion and tremendous growth with the correct owner or management team.

Competition / Market:

As the island's only high end audiovisual retail and instalation company, we have no direct competition.

Support & training:

Seller willing to assist and/or stay on as a shareholder if required. If the buyer is not 100% happy with their investment returns after the 1st 12 months, I will happily buy the business back.

Reasons for selling:

Currently the business is trading as a side line to a very successful $ multi-million global internet based audiovisual retailer. The owner has decided to let someone else enjoy the spoils of his hard work and get back to concentrating on his internet company’s exhaustive global expansion. However he is willing to stay on as a shareholder (if required) and offer any assistance the new owner may require to assure considerable financial success.

Trading hours:

mon-fri 9-5

Financing available:

Could be made available for the correct buyer

Furniture / Fixtures value:

$12,000

Inventory / Stock value:

$2,000

Related documents:

• Document

Contact the seller

For more information about this business for sale, click the Contact Seller button.

Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.