Established & Well-Known Audio Sales & Installation Business

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Asking Price:
$190,000

Gross Revenue:
$496,242
Cash Flow:
$127,314
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$225,000
not included in asking price

FF&E:
$75,000
included in asking price

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Business Description

Rare opportunity to take over an established and turn key business specializing in the sales and installation of top of the line audio and stereo systems. This includes Speakers, Amplifiers, Receivers, CD players, Record Players, Digital Stream Players and more.

The business is located in an affluent and growing part of Northern Virginia serving customers throughout the DC Metro area and greater Mid-Atlantic region. The business is a well-known brand in the industry and enjoys an excellent reputation. Currently, the owner is fully involved in day-to-day operations, though a new owner might choose to focus his/her efforts in ways to enhance online visibility and/or increase sales. The business has excellent online reviews and generates a substantial amount of business through referrals and word of mouth.

This is an excellent opportunity for a buyer with a love of music and hifi to bring his or her passion to work, to expose new customers to the joys of quality music reproduction, and to grow revenues upon a solid customer base numbering in the thousands. This presents a unique situation for a new owner to take over a well-run business in a niche industry with consistent revenue and cash flow. Don’t miss out on this opportunity and contact us today!

About the Business

Year Established:
1989
Number of Employees:
1
Real Estate:
Leased
Building Sq. Ft.:
1,703
Lease Amount/Mo.:
$5,739.00
Lease Expiration:
10/31/2020
Facilities:
The business is situated on the ground floor of a retail shopping center which is 1703 sq ft and leased for approx. $5739/mo. that provides substantial exposure to high volumes of traffic with 36,000 cars passing daily. The space is built out and furnished specifically for the business, and is optimized for product demonstration and product movement. The center is well-cared for and offers ample free parking.
Website:
www.horizonbrokers.com
Market Outlook/
Competition:
There is very limited competition in the DC metro area. The business maintains a preeminent status in Fairfax and Loudoun counties, in which it is somewhat protected regionally by exclusive and superior product lines from established well-regarded vendors with national reputations.
Growth & Expansion:
There are ample opportunities for growth and expansion for a motivated, passionate new owner to include adding Home Theater sales and installations as well as other retail items and services. This sale presents a unique opportunity to build upon an already profitable business with a strong track record and dependable customer base.
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About the Sale

Reason For Selling:
Owner is retiring.
Training/Support:
Seller will provide necessary training and support.
Seller Financing:
N/A.

Listing Info

ID:
1516570
Ad Detail Views:
401

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Business Listed by

Dustin Zeher, CBI

Horizon Business Brokers, LLC

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U.S. Census Data for Fairfax, Loudoun and Fairfax city Counties, VA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Fairfax, Loudoun and Fairfax city Counties, VA
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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