Distributor Of Audio Products In Miami Dade For Sale

Business description

Distributor of audio products for use in sound systems in cars, DJ booths, and other sound systems; national & international customer base; management & staff in place; seller owns & operates in a 61,000 s.f. building but only needs 22,000 s.f. (Other Income below is net adjustments for 22,000 s.f. rent, property tax, and 2 FTE's seller replacements); 2011 estimated gross sales $12 million with estimated net income of $620K (6-mo. part year shown); Other Financing estimated - lender proposal in process. Please contact broker Bill Russell when inquiring about this listing.

Business Operation

Reasons for selling:

Other Interests

Trading hours:

M-F (9am-5:30pm)

Employees:

13FT/3MGRS

Years established:

23

Other information

Support & training:

Seller will train for four weeks at no cost

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

$1,850,000 @ 6% for 120 mos

Furniture / Fixtures value:

$125,000 (included in the asking price)

Inventory / Stock value:

$1,508,286 (included in the asking price)

Relocatable:

This business can be relocated.