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Auto Accessories With Exclusive Product Agreements For Sale

Ingham County, Michigan, US
Asking Price:
$360,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$677,412
Cash Flow:
$118,228

This offering is for a well-established, full-service electronics retailer specializing in car audio/video, remote car starters, keyless entry and alarms, window tinting, as well as additional exclusive products. They carry a wide selection of car audio/video products from top brands like Alpine, Kenwood, Pioneer, etc.

Loyal, fully trained, and experienced staff in place. All tools and equipment are included in the sale.

Lease: 3,700 sq ft flex space. The lease is triple net with a base rent of $3,500 /month through January 1, 2024, with an option to extend for three years. Real estate may be available for purchase.

Property Information

Real Estate:

Lease

Lease Terms:

3,700 sq ft flex space. The lease is triple net with a base rent of $3,500 /month through January 1, 2024, with an option to extend for three years. Real estate may be available for purchase.

Leasehold Rent:

$42,000 per annum

Location:

Ingham County

Business Operation

Expansion Potential:

Opportunities to grow the business include:

Increase advertising (print, radio, and television).
Hire additional technicians.
Increase prices by 5-8% over the next six months.
Open a retail store to sell additional products.
Increase building footprint by acquiring/leasing property next door.
Expand exclusive product lines.

Competition / Market:

Seller has a captive market

Reasons for selling:

Retirement

Employees:
5
Years established:
20+

Other Information

Support & training:

Four weeks of transition assistance at no cost. Additional assistance to guide a buyer through an entire year is available at a negotiated rate.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller financing may be available based on the profile of the buyer.

Inventory / Stock value:
$70,000 - included in the asking price