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Consumer Electronics Distribution & Retail – 54 Years in Business!

Los Angeles, CA, USA
Updated 1 day ago
Established 1957

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.

Employees

7Ft-2PT

Inventory

$250,000

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.

Support/training

2 weeks for 10hours per week or as nigotiated.

Reason for Selling

Retirement after 50+ years

Financials

Asking Price
$300K
RevenueMost Recent Year
$859K
Earnings (SDE)Last Reported
$100K
Assets Value
Undisclosed
Seller Financing
Not available

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