Car Stereo in Orange County - Price Reduced! For Sale

Business description

Excellent opportunity to step into a fully-equipped and established car stereo and alarm business with a very good location and a good term lease in place. providing high quality products and service. Services include: stereos, amps, alarms, DVD players. This profitable, well-established business since 1995 and is located in a nice orange county city close to a major freeway.

The owner is involved in marketing and purchasing only and spends around 20 hrs/wk on this business, i.e. semi - absentee situation. Seller states that there is virtually no competition in the area. The company is an authorized distributor with 3 well-known car stereo manufacturers: alpine, Memphis audio and jvc. This very lucrative business generates very serious provable net income – around $130.000.00. The facility offers low rent, and an excellent opportunity and a potential for the right operator. The store is efficiently designed for car stereo. It has an excellent show room, an office, 2 installation bays and a small storage room. Business sale includes all equipment and fixtures, inventory is extra.

Gross revenue: $66,000/month
Monthly cash flow: $10,500
Facility size: 2,600 sqf
Lease rate: 4,171.00/mo including cam of $200.00
Employees: manager-owner (1), senior employee (2), staff employee (1)
Inventory: $70,000
Operation hours: mon-sun 8am-6pm;

Property information

Real Estate:

Lease

Other information

Support & training:

2 weeks

Reasons for selling:

Owner pursuing other Business Interest

Trading hours:

8A-6P

Furniture / Fixtures value:

$10,000

Contact the seller