MergerPlace

Residential & Commercial Sound Systems

North Central Florida, Florida


  • Asking Price: $575,000
  • Gross Income: $1,075,766
  • Cash Flow: $200,794
  • Real Estate: Not Disclosed
  • Inventory: $180,000
  • FF&E: $86,000
  • Listing ID: #197980
  • Established: 1987
  • Employees: 4FT/3PT/1MGR

Business Description

EXCEPTIONAL CASH FLOW IN A GROWING BUSINESS, ONLY 25% DOWN WITH SBA APPROVAL. Since 1987 this firm has been integrating Audio, Visual, Smart Technology, Automation Systems, and the complete Internet of Things to residential and commercial businesses. Experienced management, sales, installation, and repair staff in place and likely to stay. Multiple opportunities for growth and expansion. Owner will stay on for up to a year to help with transition. Price INCLUDES $180K of inventory. Books are clean! Please refer to listing #430173924 and ask for Jim Wargo when inquiring. Thank You!


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: Florida
Metropolitan Area: North Central Florida

Company Information

Year Established: 1987
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4FT/3PT/1MGR

Financial Information

Asking Price: $575,000
Gross Revenue: $1,075,766
Cash Flow: $200,794
FF&E: $86,000
Inventory: $180,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 5220 Square Footage: 5200 Building Type: Retail Center Terms & Options: 3 year option Expiration Date: 12/31/2019

Reason for selling:

Retirement

Support & Training:

Two weeks of training at no cost

Contact Business Seller

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Business Listed By:

Jim Wargo

Transworld Business Brokers of Central Florida