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Overview

Distributor of audio equipment for car & home

Internet Business Guide Listing #7187
Status: Available
Business Type: NAICS 464111
Business Category: Etailer
Business Name: NDA
Business Web Site: NDA
Asking Price: $1,595,000
Down Payment: $320,000
Gross Sales: $3,565,033
Cash Flow (or SDE): $408,126
Asking Price As Multiple of Cash Flow 3.9
Year Established: 1999
FF&E: (included in the asking price) $50,000
Inventory: (included in the asking price) $400,000
Employees: 10
Absentee Owner: No

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Business Summary
This Internet Business Opportunity sells and distributes (wholesales) for auto, home and businesshi fi stereo equipment stereo parts, components and wiring. it has an established sales force plus two additional Internet corporations that sell these parts directly over the Internet.

The website for sale lists some of the largest manufacturers on these items such as Sound Stream, Power Acoustic, Kenetic, Audio Pipe, plus Blaupunkt. Works on a nice markup and has good books and records. SBA financing is in the works. The building in Florida is also available to buyer.

Facilities: A 12,000 square foot warehouse in an Industrial Area of South Florida (Broward County). It has 2,400 Sq.Ft. of offices. Building is available or Seller will give sweetheart lease to Buyer.$10 a sq,ft, 3 net OR relocate to your city

Competition: One of the few Distributors in South Florida with a complete line of Audio Parts for Automobiles and other uses.

Financing: SBA Financing w/$320,000 Down Payment + Seller Meeting Loan Criteria

Training: A minimum of 4 weeks or as needed. Seller will consider staying with the right Buyer.

Reason Selling: Too Much Growth

Listed By: Continental Business

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