Electronics Parts Online ebay Retailer Audio Video Security Major Acco

Riverside, CA (Riverside County)

Electronics Parts Online ebay Retailer Audio Video Security Major Acco
Contact Seller

Asking Price: $1,850,000

Cash Flow: N/A

Gross Revenue: $800,000

EBITDA: N/A

FF&E: $100,000

Inventory: $1,200,000

Real Estate: $850,000

Established: 1956

Electronics Parts Online ebay Retailer Audio Video Security Major Acco

Save Print Share Valuation Report

Business Description

Electronics Parts Online ebay Store Retailer Audio Video Security - with Real Estate.

This retail store is the largest electronics retail parts warehouse in the Inland Empire! Possibly in all of southern California!!!

This business has been run in a semi-absentee mode for at least the last five years and lacks direction from the owner.

Over 200 types of electronic switches, thousands of connectors, terminal ends and maybe over a million feet of wire allow customers to hook up audio systems, cars, speakers, computer networks or "darn near anything," the owner will tell you! Plus there are batteries in stock for everything including watches, razors, computers and alarms or for industrial use.

This store has become "the go to place for those hard to find electronic parts and tools in the Inland Empire for over 50 years" further says the owner.

They specialize in quality components and a very knowledgeable staff.

They also have a VERY ACTIVE "ebay retail store" packed with very hard to find electronics parts and pieces that are apparently appreciating in value. Many older parts that are very difficult to find!!! But a VERY small effort is made to sell on-line. Therefore, there is a MOJOR GROWTH POTENTIAL HERE!!!!!!!!

This outfit stocks and incredible inventory of current and older but VERY SALABLE and very had to find electronics. Walk in and you will be amazed!!!!

They stock Test Equipment, Home Surveillance Equipment, Tools, Electronic Components, Wire and Cable (Automotive/Data/Low Voltage), Automotive Terminals, Heat Shrink, Audio/Video Components and Adapters, Switches, and much, much more. Whether you're a Technician, Musician, Professional or Hobbyist, this store can probably help you find what you need!!!

The real estate is also a part of this sale. THIS IS VERY SPECIFICALLY A BUSINESS AND REAL ESTATE COMBINED SALE ONLY!!!

This could be a great opportunity for any of the following:
1. Current electronics sales manager wanting the American dream of owning their own store with a 58 year successful track record
2. A top-notch electronics sales person with the funds to invest in their own business
3. An alien interested in legally immigrating to the USA by applying for something like an E2 VISA - receiving a US VISA through the purchase of a profitable US business
4. An electronics avid hobbyist interested in their own "electronics toy store!!"

(ALL, ALL INFORMATION SUPPLIED IN THIS AD IS FROM THE SELLER AND MUST BE VERIFIED BY THE BUYER. FURTHER, BUYER ACCEPTS FULL RESPONSIBILITY FOR VERIFICATION OF ALL INFORMATION GIVEN IN THE ADVERTISEMENT INCLUDING, BUT NOT LIMITED TO, FINANCIAL INFORMATION AND FACILITY INFORMATION. BUYER UNDERSTANDS AND ACCEPTS THE FACT THAT ALL INFORMATION IS APPROXIMATE AND OR ESTIMATED AND THEREFORE CANNOT BE RELIED ON TO MAKE AN OFFER TO PURCHASE THIS BUSINESS AND REAL ESTATE)

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
9,500
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Real estate consists of: Three (3) buildings a. Main retail facility b. Two (2) buildings currently used for additional retail and storage c. Single family home currently renting at about $900 per month
Competition:
If you look at the offering, the extent of the parts selection, the array of products, the availability of "WALK-IN AND GET WHAT YOU NEED RIGHT NOW" there really isn't much competition. The only other "competition" I could think of would have been Radio Shack and they've classed all of their local stores.
Growth & Expansion:
In my opinion, this store would gain some additional and very profitable grounds by: 1. Give existing store manager incentive's based on performance 2. Work in the business until it functions at a much higher rate of sales and net income
Financing:
SBA would love this type of business!!!!!
Support & Training:
Seller and current management will train the right Buuyer
Reason for Selling:
Seller retiring
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Ronnie Behr

Business Listed By:
Ronnie Behr

Pacific Advisory Services, Inc.

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1592363 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Contender eSports

Franchise Opportunity In CA
Capital Required: $170,000