Communications | Retail - Miscellaneous Retail

Asking Price	$108,000	Inventory	$50,000**
Gross Income	$385,540	Real Estate
Cash Flow	$84,369	Year Established	1983
FF&E	$35,000*	Employees	2 ft

* included in the asking price

** not included in the asking price

This business specializes in three major products: car stereo and accessories, cell phones, and satellite TV. Great brand name recognition. They've been in business since 1983 so you're looking at a well-established company with a good customer base. It's reasonably priced to sell now and has a high net profit. Return on investment is one year. Owner has good books and records. Owner wants 90K down and will finance the balance at a good interest rate and good terms. Between 5-10K worth of shop inventory will be included in the sale. Product inventory is not included in the price and will be negotiated before closing. Good working environment. Owner is willing to train. It's an easy business to learn.

Facilities: 2400 sq ft. Rent 2500/month. 10 year lease, 5 year option. Owner owns the building and it's in excellent shape. Located on a busy street with plenty of parking.

Competition: Very limited competition in the area.

Growth/Expansion: Just acquired direct satellite distributorship. Plenty of growth for the car stereo business, cell phones, and the new satellite line.

Financing: Yes

Support/Training: 2-3 weeks

Reason Selling: Moving on