Famous Brand Mobile Electronics Importer Distributor Price Reduced For Sale

Business description

Famous Brand Mobile Electronics Importer Distributor - $2 Million Net!
This company owns, imports, exports and distributes worldwide well-known brands of car audio and video products. The headquarters are strategically positioned in So. California, allowing good control over products arriving from oversees manufacturers and distribution throughout United States. The company was established by the current owner over 19 years ago and currently owns several well-known in car electronics brands of stereo, audio, and video equipment. The company has long-lasting relationship with oversees factories, and well-developed distribution network throughout USA. One of their largest customers is Walmart, giving you understanding of scale of operation and quality of products. It is a well-oiled machine that doesn't require much of owner's attention at this point, allowing the owner to run his other businesses and have some leisure time. The business produces quite licrative net income - $2 Million!

The price reflects significant value of goodwill represented by brands owned by the seller. Average value of inventory is $2.5 - 3.0 Million. Inventory is not included in purchase price.

Property information

Real Estate:

Lease

Other information

Support & training:

30 days of training are included in purchase price.

Reasons for selling:

Other business interests

Trading hours:

8a-5p

Furniture / Fixtures value:

$600,000 (included in the asking price)

Inventory / Stock value:

$2,500,000