MergerPlace

Thriving High-Volume Car Stereo Shop

Houston, Texas


  • Asking Price: $1,400,000
  • Gross Income: $2,080,432
  • Cash Flow: $396,370
  • Real Estate: Not Disclosed
  • Inventory: $300,000
  • FF&E: $75,000
  • Listing ID: #222737
  • Established: Not Disclosed
  • Employees: 4

Business Description

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!


Business Details

Primary Business Category: Retail Trade - Motor Vehicle & Parts
Location: Texas
Metropolitan Area: Houston

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4

Financial Information

Asking Price: $1,400,000
Gross Revenue: $2,080,432
Cash Flow: $396,370
FF&E: $75,000
Inventory: $300,000
Seller Financing Available: Yes

Property Information

Facilities:

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

Growth & expansion opportunities:

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:

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

Reason for selling:

Retirement

Support & Training:

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

Contact Business Seller

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Business Listed By:

Jason Ward

TruView Business Advisors