MergerPlace

Vehicle Electronics Retail & Install

North Carolina (Wake)


  • Asking Price: $450,000
  • Gross Income: $631,166
  • Cash Flow: $183,467
  • Real Estate: Not Disclosed
  • Inventory: $96,771
  • FF&E: $13,000
  • Listing ID: #201088
  • Established: 1999
  • Employees: 4 FT

Business Description

This business is successful, profitable and well-established. Adapting to continuing changes in technology this business specializes in aftermarket & customized installations of
· GPS systems,

· Remote Start installations,

· security systems,

· audio and Bluetooth systems, and

· LED lighting for boats & ATVs.

The Company has gained a reputation for high quality and innovative vehicle electronic system installation & repair. Based on the 30% revenue growth of the previous 3 years, the company is projected to continue to gain market share in the Northern Triangle area.


Business Details

Primary Business Category: Retail Trade - Motor Vehicle & Parts
Location: North Carolina
County: Wake

Company Information

Year Established: 1999
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 4 FT

Financial Information

Asking Price: $450,000
Gross Revenue: $631,166
Cash Flow: $183,467
FF&E: $13,000
Inventory: $96,771
Seller Financing Available: No

Property Information

Facilities:

The business enjoys a prime location in a high-traffic area. 3000 square feet of space allows for demonstration areas as well as installation facilities. Seller pays market rent and landlord will continue to seek same after the sale. Length and terms of new lease are negotiable.

Growth & expansion opportunities:

The Business’s name and location is readily recognized in the area. Customer growth is only constrained by the ability to take on new clients and perform more installations.

Reason for selling:

Owners have established and grown this business for 18 years and are now looking forward to their next challenge. They plan to help transition the new owners for a negotiable period of time.

Support & Training:

Will train for 4 weeks / $4,000 cost.

Contact Business Seller

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Business Listed By:

Heather Holding

Murphy Business Brokers