Major Dealer/ Distributor of Audio Equipment and Musical Instruments

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Asking Price:
$625,000

Gross Revenue:
$2,739,823
Cash Flow:
$144,348
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$395,000
not included in asking price

FF&E:
$25,000
included in asking price

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Business Description

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.

Company Highlights:

• 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

Year Established:
1970
Number of Employees:
5
Relocatable:
Yes
Real Estate:
Leased
Building Sq. Ft.:
5,700
Rent:
$1.12 Per Month
Lease Expiration:
6/30/2022
Facilities:
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.
Website:
nybbinc.com/for-business-buyers/buyer-registration/
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About the Sale

Reason For Selling:
Other Business Interests, Owner Relocation
Training/Support:
Available

Listing Info

ID:
1562183
Ad Detail Views:
205

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Business Listed by

Tony Calvacca, CBI

The NYBB Group

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