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Profitable Car Stereo Shop For Sale

Houston, Texas, US
Asking Price:
$1,400,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,080,432 (USD)
Cash Flow:
$396,370 (USD)

Highly profitable car stereo shop available for acquisition due to retirement. Well established shop with the original owner in place and a great reputation and convenient location. The shop has been growing rapidly over the past few years and sales are thriving in the Covid-19 environment (up 14% YTD compared to last year).

The shop has high margins with a mix of approximately 50% retail and 50% wholesale. There is tremendous upside and opportunity to grow the business by adding product lines, increasing sales staff, hiring additional technicians, and opening additional locations.

This is a rare opportunity to acquire a thriving business with a great reputation. Have fun and make money!

Property Information

Real Estate:

Lease

Location:

Freestanding building with good visibility on a major road. Average daily traffic counts over 37k cars.

Size in square feet:
11,760

Business Operation

Expansion Potential:

There are many opportunities for expansion and growth, including the following: Adding product lines (car lifts, tires & wheels, window tinting), increasing sales staff, opening additional locations, hiring additional technicians, offering in-store financing, and online advertising.

Competition / Market:

Contact us to receive a Confidential Business Opportunity Report which will highlight the competition and strengths and weaknesses of the business.

Reasons for selling:

Retirement

Employees:
4

Other Information

Support & training:

The current owner is offering training and support during the transition period.

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

Available on a case-by-case basis, approved by owner

Furniture / Fixtures value:
$75,000 (USD) - included in the asking price
Inventory / Stock value:
$300,000 (USD) - included in the asking price

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