Famous electic guitar component mfr.

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Famous electric guitar component mfr.
Asking Price:
$2,100,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Please note: proof of funds required from potential buyers before any confidential disclosures can be furnished. This is an internationally-known brand. Began operations as a contract supplier for major electric guitar manufacturers. Eventually evolved as a separate brand with patented product line. Superb reputation for very high quality. The electric guitar retail market is estimated to be approx. $2bln* (*BusinessWire.com) by 2020. The business is currently operating only from website sales. Huge expansion/upside opprtunities. Would be a great established brand platform for launching new products such as guitars, amplifiers, synth's, electronic devices, etc. Currently operating profitably. Represents a lucrative bolt-on opportunity for almost any musical instrument OEM or private equity group in the musical instrument space.. Asking $2.1mm, includes numerous patents, and approx. $160,000 in inventory at cost (approx. $630k retail). Owner is 80 years old and ready to sell. Contact Michael Cash, at 702-281-4751, Benchmark Business Advisors, 17 years as full service Las Vegas business brokers.

About the Business

Year Established:
1982
Number of Employees:
3
Facilities:
6000 sq. ft. warehouse/shipping.
Market Outlook/
Competition:
Only two other direct major competitors in this space.
Growth & Expansion:
Previous sales history of approx. $2mm/year. Some audited financials for prior years.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Full support and training by owner.

Listing Info

ID:
1523057
Ad Detail Views:
461

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$
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Business Listed by

Michael Cash

Benchmark Business Advisors
License# B.1001098.CORP

 Show Phone Number

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

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U.S. Community Survey Data for Clark County, NV
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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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