This award-winning company has been locally owned and operated since 1988. They are a premier provider of home entertainment, home theater, and home automation products in South Florida. No matter how big or small the project is, they work with efficiency and meticulous attention to detail. They have a showroom where the customer can experience all of their products firsthand so they can find the best system for their home or business. They can customize the design process for your home and your requirements as the technology demands it. All inquiries must be associated with a signed NDA and buyer's financial statement. May qualify for a VISA!
- Asking Price:
- $375,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $2,533,320
- Cash Flow:
- $130,120
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The seller owns the facility, which can be leased or purchased. It consists of a commercial space in an industrial park with a showroom, office space, warehouse space and plenty of parking.
Business Operation
- Expansion Potential:
-
Great potential for growth, especially since both remodeling and new construction in Florida shows no signs of abating. New home or office technologies become available every day and the products and services that this company provides are always in demand.
- Competition / Market:
-
They are the authority when it comes to the home/business entertainment and automation equipment and installation in South Florida. The almost always have a contract pipeline, multiple installation crews at work and a top notch quality control system, which is the envy of the industry.
- Reasons for selling:
-
After 32 years at the helm, the owner has decided to retire and turn over this already successful company to a qualified buyer with new energy and desire to succeed.
- Trading hours:
-
Monday-Friday 8am-5pm
- Employees:
- 9 FT/2 PT
- Years established:
- 35
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
No electrical license is required.
- Furniture / Fixtures value:
- $73,874 - included in the asking price
- Inventory / Stock value:
- $19,000 - included in the asking price
- Relocatable:
- This business can be relocated.
