| Asking Price |
$155,000 | Inventory |
$65,000* |
|---|---|---|---|
| Gross Income |
$480,000 | Real Estate |
None** |
| Cash Flow |
Not Disclosed | Year Established | 1997 |
| FF&E |
$18,245* | Employees | 2 |
* included in the asking price
** not included in the asking price
This business has been run by a hands-on owner for 10 years at this location. Top name brands are exclusively used by this business. No other audio store in town can sell these brands. It is located in a busy section of Kailua-Kona, and has a good lease available. It is in a prime business area.
Facilities: Audio sales and installation for automobiles. In business at this location in a strip mall for 10 years. Owner has carefully kept books and tax returns and cash flow going back 10 years. Business consistently grosses $480,000 annually. There are 3 Bays, a showroom, installation Bay, and workshop Bay. Owner of strip mall will negotiate a new lease for new Buyer. Any inventory over $40,000 will be added to the selling price.
Competition: This business has an exclusive on the 4 high-end brands of audio equipment. There is 1 other audio retail store in the area that does not provide much competition, as this business has a lock on the higher end audio equipment.
Growth/Expansion: The town is growing and sales keep going up.
Financing: None
Support/Training: Owner will offer 30 Days of hands-on training. And the two installers plans on remaining with business.
Reason Selling: Owner is looking forward to international travel and plans to settle on mainland

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