Car Stereo Sales and Installation Store in Fairfield CT.
| Asking Price: | $120,000 | Inventory: | $40,000 ++ |
| Gross Revenue: | $700,000 | Real Estate: | n/a |
| Cash Flow: | $120,000 | FF&E: | $5,000 ++ |
| ++ included in the asking price ** not included in the asking price |
Automotive electronics retail store located in Southport, Ct. in Fairfield County. The owners are retiring and are offering this opportunity to purchase this profitable shop specializing in auto stereo systems, alarms and remote start systems, radar detection and mobile video systems. This shop also upfits new cars and trucks for multiple car dealers in the area. Established 17 years ago, Live Wires has been a staple in the Westport, Fairfield, Southport, Easton and Weston area for those seeking the highest quality equipment for their cars along with professional installation, both at our location and on site at our car dealer base. We were voted "Best Place to Buy a Car Stereo" by the readers and staff of the Fairfield Weekly in both 2007 and 2008. We have an upscale clientele that return time and again to outfit they and their family's cars with the latest technologies, a customer base that has grown exponentially year after year. The store is located directly on the Post Road (US-1) in the Southport section of Fairfield, directly off Interstate 95 at exit 19 in both the north and southbound directions, and located directly next to The Classic Car Gallery, a seller of antique and special interest cars, which attracts a constant flow of traffic to our store. We are offering this business as a turn-key investment including the extensive inventory on hand from major manufacturers. The shop has a 2 bay installation garage that was just built new in 2005, equipped for the efficient installation of all aspects of auto stereo and accessories. The rent for the building is well below the per-square foot amounts commanded for this area of Fairfield County, especially being situated directly on US-1, and there is a 5 year option on the lease. The gross sales for 2008 exceed 700K. This is an excellent opportunity for an installer/owner with 1-2 additional employees, or a partnership.The current owners will be available for transition and introduction to our dealer accounts and suppliers.
About the Business
Year Established:1993
Employees:2 full time -
About the Sale
Reason For Selling:retiring
Seller Financing:no seller financing available
Sell Your Business | This listing has been viewed 815 times