PRICE REDUCED! Profitable Car Audio & Aftermarket Shop for Sale

Scott County, IA

Seller Financing Available
PRICE REDUCED! Profitable Car Audio & Aftermarket Shop for Sale

Asking Price:$95,000

Cash Flow:N/A

Gross Revenue:$246,132

EBITDA:$68,689

FF&E:$4,000

Inventory:$8,000

Real Estate:$170,000*

Established:2005

*not included in asking price.

PRICE REDUCED! Profitable Car Audio & Aftermarket Shop for Sale

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Business Description

PRICE REDUCED! This great business is priced to sell! Motivated Sellers! This is a great opportunity to buy an established, profitable business for sale. This turn-key, well respected car audio/ aftermarket shop is located in Quad Cities. The current owners started the company in 2005 and have successfully grown this business which is known for quality brands and great service.

This business installs car audio equipment and offers many territory-protected brands and products. Along with car audio, this business also installs remote car start systems. The schedule is consistently booked at least two weeks out, however, there is plenty of room to expand (add installers) to help increase sales. The current owner is comfortable with the current pace, but admits the business has room to grow.

They have built a solid reputation by providing quality service to their customers. They have developed a very loyal customer base over the years that also helps provide repeat business. Contracts with multiple companies helps bring in regularly scheduled jobs ranging from installing window coatings on commercial buildings to GPS tracking units as well as breathalyzer device installations and removal.

The owners are wishing to retire and are looking for a qualified buyer. Candidates for this opportunity might be an individual with a background in management and car audio knowledge who would operate and manage the business day to day. Other candidates could be existing audio car businesses that would like to expand their footprint in the marketplace and acquire their referral and repeat customer base. Current owners would be willing to consider Seller Financing on the business portion of the sale to help a new buyer get started.

They are asking $170,000 for the Real Estate which is $25,000 under it's estimated fair market value.

All furniture, fixtures and equipment as well as inventory will be included in the sale. The owners are willing to help train during a transition period to be agreed upon with the new owner. Reliable installers/technicians are expected to remain in place for a new owner.

For more information about this business opportunity, please contact
Megan Cox at megan.cox@sunbeltnetwork.com or 563-940-1255

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
4,200
Employees:
3 FT/ 1 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Available on the business
Reason for Selling:
Retirement

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Megan Cox

Business Listed By:
Megan Cox

Sunbelt Business Brokers of the Quad Cit

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Sponsoring Broker:
Milton Anderson, CBI

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