Asking Price: $625,000 Gross Revenue: $2,739,823Cash Flow: $144,348 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $395,000 not included in asking priceFF&E: $25,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Major distributor of pro audio/musical gear, headphones, home audio equipment. This company has been serving the market for nearly 50 years and is both well-known and highly trusted by consumers. Company generates 80% of their revenue from Online Sales
The company sells through a diversified set of channels including company website, Amazon, eBay, Reverb, Walmart, and direct to customer. There is also a steady export business with customers in Japan. The product catalog includes approximately 1,200 SKUs from virtually every brand in the industry.
They have received numerous sales awards from several manufacturers including Largest Dealer, Largest Sales Growth and Lifetime Achievement awards.
• Robust Product Offering
• Multiple Sales Channels
• Excellent Relationships with Manufacturers
• Strong Staff
• Initial New Owner Training and Support from Seller
This is an excellent opportunity for a new owner to take the reigns of a well-established, successful business and apply their talents & ideas to grow it even greater.
Business is Pre-Qualified for 3rd Party Financing for Qualified Buyers.
Submit NDA and you will be provided with CBR (Confidential Business Review) containing all information need to make a buying decision.
About the Business
Number of Employees:
Building Sq. Ft.:
$1.12 Per Month
5,700 SF facility with the warehouse built out to twice that size space by having 2nd level tier platforms, mezzanines and 18-20-foot ceilings.
There’s plenty of extra space to do much more with storage.
Major Dealer/ Distributor of Audio Equipment and Musical Instruments
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. See our
full Terms & Conditions.