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25 YEAR OLD AUDIO & LIGHTING COMPANY
Retail Stores - Electronic Equipment Retailing | Professional Services - Other Professional Services
| Asking Price: | Not Disclosed | Inventory: | $750,000 ++ |
| Gross Revenue: | $2,000,000 | Real Estate: | $1,300,000 ** |
| Cash Flow: | $200,000 | FF&E: | $150,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Renowned Sound & Lighting For Professionals Store For Sale.
We represent a premier, state-of-the-art sound and lighting company that caters to industry professionals. This is a family-owned business that has had a very successful track record for over 25 years. It operates from a highly visible and appealing location that is convenient to its customer base. Gross sales for the last year exceeded $2 million with a strong net profit. Full disclosures of financial information will be supplied and creative financing is available to qualified buyer/s. The owner seeks to relocate out of the area following a transition period.
About the Business
Year Established:1975
Employees:12 full time - 4 part time
Facilities:The company is located in the metropolitan Chicago area with most of its business derived locally. The company leases a 4500 square foot storefront facility that houses both its inventory and showrooms. Their facilities are recently renovated, attractive, up-to-date, and customer friendly.
Market Outlook and Competition:The business has enjoyed an excellent reputation over the years based on the quality of equipment they represent for sale, value and service provided to their customers. They take pride in the high level of knowledge and professionalism rendered by their well-trained staff. The company sells both high-end and medium priced audio and lighting equipment. Additionally, the company has available a state-of-the-art lighting studio and a recording studio with the latest sound equipment to insure excellent reproduction.
About the Sale
Management Training and Support:The Seller is willing to stay, train and make the necessary contacts for a new owner for a negotiated period of time.
Reason For Selling:Seller is retiring and moving. Important! This ad as shown has not yet been accepted into the BizBuySell database. This is merely a sample for you to see approximately how your ad will appear when it is added to the BizBuySell database. This ad will be processed within 1 business day. Once processed you will receive an email confirmation.
Seller Financing:The seller is willing to hold a portion of the note to a qualified buyer(s).
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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