Retail - Miscellaneous Retail

Asking Price	$2,450,000	Inventory
Gross Income	$2,862,866	Real Estate
Cash Flow	$686,977	Year Established	N/A
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

THE BUSINESS This eleven year old company is engaged in the retail sales, service and installation of products in the consumer electronics industry. Appropriately classified as a lifestyle business in a lifestyle area, our client company sells products consumers enjoy purchasing. Indeed, the timing is excellent for a purchaser of this company to continue to ride the wave of high demand for our client company s products and services resulting from a fundamental change in technology in certain staples of household electronics. Given the pace of change in technology within the industry, the demand from customers wanting the latest and best is expected to continue especially in our client company s affluent market area. The company has an excellent staff of approximately 14 employees. The seller made a conscious effort to hire knowledgeable customer oriented employees and to have quality, competent people in key company positions. Like any small business, this company requires significant owner involvement; however, with the company s existing organizational structure the seller is comfortable leaving the company for a short period of time in confidence that it will continue to operate smoothly. The company has a history of operating profitably. The average seller discretionary cash flow for the last four years approximates $745,000 and 2008 appears to be on track to at least meet that level of cash flow. The seller has indicated the revenue and customer order backlog for the early part of the year is stronger than it was for the same time in 2007. THE LOCATION The company occupies approximately 2,000 sq. ft. of showroom retail area in a retail building. Additionally, in the same building it occupies approximately 1,500 sq. ft. of storage space. The current space is adequate for its existing volume of business. The business is located in an area providing a wide range of world class outdoor life activities.