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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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High End Audio Video Retailer - Installer

Location  Louisiana,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1082479
Net Profit / Cash Flow  $132497
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1997
Number of Employees  6 - 9
Inventory  215000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  Current management will provide buyer with complete transition support and is available for long-term employment.
Reason for Sale  Absentee owner desires to focus on other business opportunities.
Description  Retail business with high-end showroom sells, installs, configures, and provides warranty and non-warranty high-end consumer and commercial audio and video equipment. Many product lines are exclusive with high margins, high customer loyalty and protected territories. Business needs an onsite, hands-on, full-time owner operator. This company has built a solid reputation selling higher end electronics such as McIntosh, Runco, B&W, Martin Logan, Pioneer Elite, to name a few. ~80% residential, ~20% commercial professional design, installation and service. Recognized as the areas industry leader. No competition for similar grade product or design/installtion services for a minimum 2 hour drive in any direction up to 3+ hours. Owner believes growth potential is substantial subject to increased marketing activities in the design/build pre-wire, commercial services. Located in an area winning award after award for quaility of life and business climate. Expected to grow faster than most markets in the US over the coming 3-5 years. Additionally, owner believes current topline revenue is sufficient to generate bottom line profit with active owner/operator.
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