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