Texas Audio Video Transfer Duplication Editing And Production Business For Sale

Business description

For Sale by Owner - Retiring after 30 years. Price Reduced for quicker sale.

This Company incorporated in 1982. We have the original store in Austin (’85) and another in San Antonio, TX. (’95) We are a one-stop shop for most every audio/visual service imaginable and are positioned in a Retail environment. We provide FAST transfers, edit video and make copies. Services include: home movie film transfers (8mm & 16mm), cassette to cds, tapes to DVDs, tape repairs, DVD copies and most other services involved with Audio Visuals. We perform all services "in-house" and fast. Customers don't have to worry about shipping disasters. Our sales have grown steadily and we have a proven, 30 year track record with established clientele. Both stores have had gross sales of roughly $200,000.00 each since the year for over a decade. Net profit is typically predictable and consistent. Capital purchases run about $25,000 each year and we generally use Chapter 179 deductions. The result of Chpt. 179 usage is that the stores are equipped with new and up to date equipment and ready for the long haul. 4 weeks training are included and a possibility for Owner Financing part of the sale. A Selling Memorandum is available after filling in a short questionnaire and signing a confidentiality agreement. The Owner currently runs the San Antonio Store and a store manager runs the Austin store. (Please keep all correspondence confidential)

Property information

Real Estate:

Lease

Lease terms:

Austin lease til Oct. '12 / SA is approx July 2013.

Leasehold rent:

$18,000 per annum

Location:

Dub King is centrally located in both Austin and San Antonio, Tx see dubking.com for maps Austin’s address is Justin Lane, Austin 78757 San Antonio moved from a poor location to a great location in Nov. of 2009 and is now at 8133 Callaghan Rd. 78230. The shopping center is anchored by SPROUTS and we get a large amount of "drop in" business.

Premises details:

Austin is in two suites with approximately 1,200 square feet in a retail strip center. San Antonio is in a strip center anchored by Sprouts (Sun Harvest) in approx. 1,500 square feet. San Antonio has seen a marked increase since moving to this new location in Nov. of 2009.

Other information

Expansion potential:

This type of service will be needed as long as Media formats migrate from one format to another. (forever) Knowledge and ability to update (migrate) formats and duplicate media has been a valuable service since the beginning and that is what we do best. Our "MO" has repeatable processes and potential for possible Franchise opportunities.

There are multiple avenues for expansion including, opening more stores, expanding our Convention Recording Services, a better location for our Austin store and much much more.

Competition / Market:

We are the "Dub King" and have been since 1985. While there is a healthy amount of Video activity in Austin and San Antonio, we are the ones that specialize in migrating old technology to new formats. We often get referrals from other video Companies and we have always distinguished ourselves with outstanding prices and service. We have some unique qualities that attain customer loyalty, satisfaction and referrals. Our 30 years of service makes us very well known.

Support & training:

Negotiable, 4 weeks.

Reasons for selling:

Retiring

Trading hours:

9am to 6:30 pm Monday - Friday
9am to Noon Saturday

Owner financing:

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

Financing available:

Would consider financing up to 70%.

Furniture / Fixtures value:

$150,000 (included in the asking price)

Inventory / Stock value:

$20,000 (included in the asking price)

Website:

www.dubking.com

Related documents:

• 
• 2012 counter brochure

• 
• John Wayne at Counter

Video:

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