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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!
Lease
Freestanding building with good visibility on a major road. Average daily traffic counts over 37k cars.
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.
Contact us to receive a Confidential Business Opportunity Report which will highlight the competition and strengths and weaknesses of the business.
Retirement
The current owner is offering training and support during the transition period.
Available on a case-by-case basis, approved by owner
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