Audio Installation Business Plus Real Estate
Absentee-owned audio installation business that has been in St. Louis for 16 years. It has a 4.7 google rating with over 500 reviews. The current real estate is available for purchase, or the business could be relocated to a smaller space. The owner wishes to relocate and has a second woofer business he will pursue. True absentee-owner businesses are rare so move quickly before this one is gone.
This is an owned location. Business Property is for sale for $500,000, which is included in the total asking price of $800,000. Seller is active with 1FT and 1 contract employee. Hours of operation are 9AM - 6 PM Mon - Fri. $10,000 in inventory and $10,000 in FF&E included in the asking price.
Financials (USD)
Asking Price $300,000
Cash Flow $160,000
Sales $480,000
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? No
Willing to co-broke? No
Principals only? No
Franchise? No
Management will stay? Yes
Relocatable? Yes
Real Estate? Yes
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