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Auto Speaker & Repair Shop - High-Traffic Area, Loyal Customers

Ingham County, MI

Seller Financing Available

michigan audio car security lansing
Asking Price:$350,000
Gross Revenue:$677,412
Rent:$3,500
Cash Flow:$118,228
Inventory:$70,000
Listing ID: 2149000Listing provided by BizBuySell
BUSINESS DESCRIPTION

SBA Pre-approved.

Take over a successful, full-service car audio retailer & installer with a loyal customer base and experienced staff!

This turnkey service business offers a wide selection of top-brand audio/video equipment, remote starters, alarms, window tinting, and unique specialty products.

Benefit from a loyal clientele, experienced staff, and all the tools you need for success.

The retiring owner is eager to pass the torch to someone with a passion for car audio and the skills to take this business to the next level.

Ideal Candidate:

Car Audio Enthusiast: You love car audio and are excited to deliver great sound experiences. Ideal buyer would have some experience installing car audio systems, including amplifiers, speakers, and subwoofers. You know about different car audio brands and products, and you keep up with new technologies.

Buyers with a background in 12 volt, solar, telecom, RV, security, boating, or automotive repair are encouraged to register their interest.

This is your chance to own a profitable business with a solid foundation and unlimited potential!

DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,700
Lease Expiration
31/12/2025
Employees
5
Facilities
3,700 sq ft flex space. The owner may be willing to sell the real estate and seller finance.
Competition
Strong business with very limited competition Government contracts / exclusive agreements in place
Growth & Expansion
Opportunities to grow the business include: - Increase advertising (internet, radio, and television) - Hire additional technicians - Increase prices by 5-8% over the next six months - Expand the retail store to sell additional products - Increase building footprint by acquiring/leasing property next door - Expand exclusive product lines
Financing
Seller financing may be available based on the profile of the buyer.
Support & Training
Four weeks of transition assistance at no cost. Additional help to guide a buyer through an entire year is available at a negotiated rate.
Reason for Selling
Retirement
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Brian
CM&AP
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Brian CM&AP
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