Business for Sale Overview

Business Types: Wholesale/Distribution, Durable Goods, Retail

Business Location: Los Angeles, California

Asking Price: $300,000

Gross Income: $858,500

Cash Flow: $100,000

Inventory: $250,000

Year Established: 1957

Employees: 7Ft-2PT

Business for Sale Description

54 years in operation and still going strong! Retail location is well known for selling top of the line video, audio and security. cables, components and supplies. Wholesale distribution to California resellers play an important role in sales and can be grown with simple implementation of an improved website and a strategic internet marketing. Inventory of $250K+/ will be available with the sale of the business and will be counted during the due diligence process.

Detailed Business for Sale Information

Facilities: Approx. 6800 sq ft of usable space. Owner will consider sale of real estate with actual value to be calculated at fair market or will negotiate a long term lease with buyer of the business. Plenty of easy parking.

Competition: Consumer Electronics is in a competitive marketplace, this business has operated non stop for over 50 years. It is known for high quality, fair prices and merchandise sold by well informed employees.

Growth/Expansion: Plenty of ways to grow existing revenues.

Financing: Some seller financing may be possible to qualified buyer

Support/Training: 2 weeks for 10hours per week or as nigotiated.

Reason for Selling: Retirement after 50+ years

About Brenda the Business Broker

Brenda Bernhard, Brenda the Broker, is a Los Angeles Certified Business Broker (CBB) with years of experience in business buying, business selling, and business consulting services. Brenda the Broker is based in Los Angeles and helps clients with businesses for sale locally, nationally, and globally.

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