Business For Sale Listing 153585
Audio, Video & Home Theater Specialist
Status as of Dec-1-2008 at 06:00 PM: Off The Market
Business Summary
Regional, retail supplier of mid-fidelity to high fidelity audio and video components. Complete custom installations, of A/V systems, home theater systems as well as integrated home automation solutions.
The business serves a customer base of, primarily, single-family homeowners with incomes in the mid to upper level range. The client base is extremely satisfied as many have utilized the company a second and a third time when a new or second home is purchased. In addition, base referrals yield a majority of its newest customers.
Reported sales for the 2007 fiscal year were in excess of $4.1M. Reported earnings for the same period exceeded $200,000 yielding a net margin of 5.05%. With addbacks, earnings approached $670,000 pushing the net margin to 10.6%.
For 2008 through May, this exciting business opportunity is still performing on plan with sales growth tracking 2007 year over year.
Categories
| Industry: |
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| Location: |
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Industry
Location
Financials
| Sales: |
Between $2.5 Million And $5 Million (4,135,572) |
| Profits: |
Between $500 Thousand and $1 Million (671,224) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2007 |
| Asking Price: |
Not Disclosed |
