Auto Aftermarket Audio - Real Estate available

Phoenix, AZ
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Asking Price:$299,000
Gross Revenue:$1,060,000
EBITDA:$140,000
Real Estate:$800,000
Cash Flow:$140,000
Inventory:$150,000
FF&E:$15,000
BUSINESS DESCRIPTION

The first thing that a car owner in Arizona must have in their vehicle is Air Conditioning and the second thing is a great sound system. This company has successfully kept up to date with the current technology. They are famous for their custom installations. While their only location is in Phoenix; they attract customers throughout the State and a substantial portion of their business comes from referrals.


DETAILED INFORMATION
Location
Phoenix, AZ
Inventory
Included in asking price
Real Estate
Owned
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Centrally located with easy access to route 51 and I-10. Seller has continued to update property and modify to fit his business needs. Corner lot with high visibility.
Competition
The lower end of the market has been modestly impacted by current economic downturn; however majority of customers continue to upgrade or replace their equipment.
Growth & Expansion
currently closed on Saturday
Financing
Seller prefers all cash
Support & Training
Two weeks or additional time available if mutually agreeable to both parties.
Reason for Selling
Retirement
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Jim
Magrogan
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Jim Magrogan