Car Stereo Stores  •  $1,200,000

Location: Orange County
Seller: Jacob Berenfeld
Phone: 888-521-4440

Business Summary
This Company Owns Two Car Stereo Stores In Orange Co. They Sell And Install Car Audio And Video, Security Equipment, As Well As Wheels And Tires. Car Stereo Is One Of The Most Profitable Businesses Now Days. It Is A Mature Business - The Stores Were Around For Nine Years. Both Stores Are Strategically Positioned In The Area With Suitable Demographics, On Streets With High Traffic. One Store Has A Long-Time Manager, The Other Store Is Managed By Owners. This Business Is Currently Operated Semi-Absentee, Because Owners Concentrated On Another Business. Even In This Situation They Make Pretty Good Money In Current Economy. Sales Can Be Significantly Increase By Owner Being In-Store All The Time. The Price Is Less Than 1.5x Net Income, Which Makes This Deal A Bargain. The Purchase Price Doesn't Include Inventory Of Around 500,000. Partnership Split Forces This Sale.