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Sunbelt of Sacramento

Absentee Owner Popular Car Audio & Tinting Business - Two Locations In Northern California For Sale

Northern California, California, US
Asking Price:
$1,820,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,000,000
Cash Flow:
$500,000

This Northern California based Car Audio and Window Tinting Business is a California C Corporation and was established in 2005 and has been under current ownership since inception. This company specializes in car audio and electronics, window tinting, safety & security, and led lighting. With 2 locations in Northern California, they are the premium brand in car audio. They are the destination for brand name Subwoofers, Speakers, Amplifiers, Car Alarms, Remote Start, Bluetooth Receivers, Marine Audio, Video, and in-dash navigation. Some of the premium brands they carry include Rockford Fosgate, Wet Sounds, Pioneer, JL Audio, Kenwood Excelon and several others. Their lines of accessories include names such as PAC Audio, Stinger and Metra as well as many more.
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value: NEGOTIABLE

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: $4,000.00
Owner worked hours per week: 5
Market Competition: The global car audio market size was estimated at $8.56B in 2020. The market is projected to grow from $8.82B in 2021 to $13.52B in 2028 at a CAGR of 6.3% during the 2021 – 2028 period.

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Property Information

Size in square feet:
2,500

Business Operation

Reasons for selling:

The reason for selling is Seller are looking to pursue other interests.

Employees:
Full Time: 4, Part Time: 10
Years established:
19

Other Information

Support & training:

The Seller is willing to provide training for 4 weeks at 20 hours per week. Additional training from the Seller is available beyond what is included in purchase price at mutually agreed to terms between the Buyer and Seller.

Financing available:

Downpayment Required: $1,470,000.00
Financing is available

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$500,000 - included in the asking price