Distributor Of Audio Products
Location Florida,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $13179553
Net Profit / Cash Flow $836289
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1989
Number of Employees 10 - 19
Inventory 1633286
Relocatable Yes
Number of Employees 10 - 19
Real Estate Leased
Training Seller will train for four weeks at no cost.
Reason for Sale Other Interests.
Description Distributor of audio products for use in sound systems in cars, DJ booths, and other sound systems; national & international customer base; management & staff in place; seller owns & operates in a 61,000 s.f. building but only needs 22,000 s.f. (Other Income below is net adjustments for 22,000 s.f. rent, property tax, and 2 FTE's seller replacements); 2011 estimated gross sales $12 million with estimated net income of $620K (6-mo. part year shown); Other Financing estimated - lender proposal in process. Please refer to listing number 164-12553 and broker Bill Russell when inquiring about this listing.
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