Online Retail / Pro Audio & Recording Equipment Store

Palm Beach County, FL

Seller Financing Available

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Asking Price:$900,000
Gross Revenue:$1,237,105
Rent:$1,996/Month
Established Year:1971
Cash Flow:$239,346
Inventory:$250,000
FF&E:$10,000
BUSINESS DESCRIPTION

Welcome to a rare and exceptional opportunity to acquire a legendary online retail store with a rich 52-year history in the audio industry. This esteemed business stands as one of the world's largest dealers of recording and music products, boasting a comprehensive range that includes pro audio, recording equipment, DJ gear, musical gear, musical instruments accesories, home audio, and more. With over five decades of industry presence, this online store has solidified its position as a trusted and renowned name in the audio equipment space. Offering a diverse array of products, the store is a one-stop destination for enthusiasts and professionals alike. From pro audio equipment to musical instruments, recording media, and even their own recording brand, this business covers every facet of the audio experience. The sale includes $250,000 of inventory and established storefronts on major online platforms, including Amazon, eBay, and their own dedicated online store. This multichannel approach ensures a wide reach and diverse customer base. In addition to product sales, the store provides specialized services such as reel-to-reel tape and equipment repairs, audio and videotape repairs, as well as hard drive solutions. This adds an extra layer of value for customers seeking expertise and support. The brand has achieved global recognition, attracting customers from all corners of the world. A testament to its reputation, this store is not just a seller but a destination for audio enthusiasts seeking top-tier products and services. Don't miss out on the chance to own a piece of audio history. This is not just a business; it's a legacy. Inquire now to take the next step in securing this extraordinary opportunity.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,500
Lease Expiration
28/10/2024
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
$180,000 of seller financing is available for 24 months at 7%,
Support & Training
Seller will provide training of 4 weeks at no cost.
Reason for Selling
Retirement
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Tom
Duyur
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Tom Duyur