Serving the entire USA market, the prominent manufacturer and distributor manufactures products unique to the professional audio industry. Cases account for about 90% of the current sales volume!
Products include but are not limited to: Audio equipment cases and racks, professional DJ products, portable and install-ready speaker systems, and various accessories.
Client base includes distributors, online dealers, Amazon re-sellers, retail music stores, integrators, event production and rental companies.
Sales remain steady with $562k Revenue in 2023 alongside $41k discretionary earnings.
Preferably sold with the business, expansive facility is over 19,000 SF with 17,000 SF production & warehouse space!
Adjacent vacant lots create opportunity for new mfg./warehouse.
Export opportunities are present and could easily be incorporated with a few additional employees.
Website updates and SEO underway. With eCommerce and marketing program added, sales would flourish!
Approaching retirement, the seller’s transition is flexible so the new ownership can be fully acclimated.
- Asking Price:
- $475,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $562,000
- Cash Flow:
- $41,000
Property Information
- Real Estate:
-
Lease
- Location:
-
Property marketed for $775,000 is available for optional purchase.
- Size in square feet:
- 19,000+/-
Business Operation
- Reasons for selling:
-
Approaching retirement.
- Trading hours:
-
Monday to Friday 8AM - 5PM.
- Employees:
- 5 nonunion.
- Years established:
- 1984
Other Information
- Support & training:
-
Transition is flexible so new ownership can be fully acclimated.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Standard SBA-term financing will be negotiable for qualified buyers.
- Furniture / Fixtures value:
- $200,000 - included in the asking price
- Inventory / Stock value:
- $112,000 - included in the asking price
