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High-end Audio & Video Equipment Dealer For Sale

SW Chicago Suburbs, Illinois, US
Asking Price:
$699,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,947,721 (USD)
Cash Flow:
$265,465 (USD)

Introducing an acquisition opportunity for a high-end audio & video equipment dealer. This company operates out of a 3,000 SF retail space with an impeccable showroom in a growing and highly desirable suburb. Their edge over the big box competition is excellent service and in-home installations. They have been in business for over 44 years and are known as the place to go for high quality home entertainment. The Company serves both residential and commercial, with multiple revenue streams including home theater/media room installations, home automation (hot industry), and outdoor entertainment systems. Work-from-home lifestyles are here to stay, and this company is poised for growth as more and more people continue to upgrade their home office and entertainment systems. With a stellar reputation and established infrastructure, this turnkey acquisition is perfect for an entrepreneur who is passionate about cutting edge audio & video technology. Please inquire directly to this ad or contact to sign an NDA and learn more.

Property Information

Real Estate:

Lease

Lease Terms:

Lease is up for renewal in October 2022

Lease Rent:
$22 (USD) per sq ft per annum
Location:

Growing Chicago suburb with a high net worth demographic and a lot of new construction.

Premises Details:

Impeccable and highly visible showroom. Located in one of the fastest growing and most desirable Chicago suburbs, with a high-net-worth demographic. This is THE place to go for home theaters, home automations, and outdoor AV.

Size in square feet:
3,000
Planning Consent:

Lease is up for renewal in October 2022

Business Operation

Expansion Potential:

Add subscription services, eCommerce, new locations. The sky is the limit.

Competition / Market:

This is a competitive market. Excellent customer service and white glove hoe installs set this business apart.

Reasons for selling:

Retirement

Trading hours:

7 Days a Week

Employees:
5
Years established:
1978

Other Information

Support & training:

Seller is committed to a smooth and thorough transition.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable with a strong offer.

Furniture / Fixtures value:
$140,754 (USD) - included in the asking price
Inventory / Stock value:
$73,277 (USD)
Website:
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Relocatable:
This business can be relocated.

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