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17661 - Entertainment Audio, Video And It Services For Sale

Greater Phoenix Area, Arizona, US
Asking Price:
$725,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,153,132 (USD)
Cash Flow:
$218,631 (USD)

Servicing the greater Phoenix area, this company offers home automations, home theater systems, and security and surveillance systems for commercial and residential clients. Offering reputable name brands, their wide product and service range includes televisions, audio solutions, and distributed audio and video, as well as lighting, low voltage wiring, and central vacuum systems. A good opportunity is presented for a buyer with an interest in electronics and a history in construction who will understand bidding, as future gross sale projections show about 15% - 18% growth (a $1.25M - 1.3M total!) Despite the recession, listing is benefitting from a banner year and estimates $250K in Earnings for 2020, as Total Revenues for 2019 recorded values of $1,153,132, alongside SDE’s of $218,631 and EBIDTA amounts reaching $179,247, based on an independent evaluation! The retail-based location of 2,600 square feet features ample parking lot and is industrially zoned to handle extra capacity, property is found in excellent condition and holds a yearly renewable lease. Thanks to a skilled team of eight experienced nonunion employees, company is ready to continue operations as the seller agrees to remain for a helpful transition period as needed. Besides maintaining a website, some printed ads and a social media presence as self-promotion, marketing efforts focus mainly on an effective referral source system backed by their large and recurring customer base.

Property Information

Real Estate:

Lease

Size in square feet:
2,600+/-

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Monday to Friday, open 8AM - 4PM.

Employees:
8 nonunion.
Years established:
1998

Other Information

Support & training:

Helpful Owner Transition period as needed.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Financing can be negotiable for the appropriate buyer.

Furniture / Fixtures value:
$60,000 (USD) - included in the asking price
Inventory / Stock value:
$32,250 (USD) - included in the asking price

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