Located in Santa Barbara County, this highly regarded company provides premium electronic entertainment systems and services for both residential and commercial clients. Products and services include home theaters, media rooms, multi-room music systems, video distribution systems, listening rooms and gaming rooms. The company has shown consistent revenues growth and strong positive cash flow. The owner and staff have identified additional growth opportunities and new recurring revenue streams.
The company's dedicated staff is responsible for day-to-day operations/installations, and some of the staff can be up-trained to fill in for some of the owner's current responsibilities which includes general management and sales. The current Owner is willing to train the Buyer to allow for a successful transition. Real estate may also be purchased for an additional $2.1 million, or new owner can assume a long term lease or relocate to new location. Seller prefers an all cash buyer. Any Seller financing would be for short-term and only a small percentage of the overall sale price as Seller is looking to retire and relocate. Buyer(s) to execute Non-Disclosure Agreement (NDA) for additional details and may need to show proof of financial qualification.
Disclaimer: Information concerning this listing is provided to Broker by Seller. Broker has not verified the information and makes no representations as to its accuracy. The net income/profit figures are the Seller's Discretionary Cash Flow (SDCF). Broker to Broker Cooperation limited to BRE licensees with extensive experience in business sales. Real estate is not included at the listed sale price.