Specialty Speaker Company

West Linn, OR
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Asking Price:$50,000
Gross Revenue:$175,800
FF&E:$35,000
Cash Flow:$15,300
Inventory:$37,000
Established Year:2010
BUSINESS DESCRIPTION

Specialty Speaker Company

Specialty Speaker Company: The business was founded over 13 years ago and is a small manufacturing company that produces the patented and trademarked speaker products for those with loss of hearing and for those who want a wireless surround sound like experience. The business is a family owned business that takes pride in manufacturing in America and purchasing domestic raw materials whenever possible.
BUSINESS STRENGTHS:
• Niche Market
• Patented and Trademarked Products
• Re-locatable
• Amazon Sales
• Long term, trained employee
• Excellent reputation
• International Sales
• Website Sales
• Expansion potential with additional products, services, marketing and advertising


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
There are no facilities. The business is home based. Assets are molds for the parts.
Competition
The business markets its products through its website and on Amazon. There is opportunity for growth through additional marketing.
Growth & Expansion
Based on the current economic outlook, future prospects for the product look great. The business could be expanded by optimizing the Amazon listings; developing luxury versions of the product; and updating the website.
Support & Training
It is assumed that the part-time employee would want to continue with the business after purchase. The owner will provide 14 days on-site training and will be available for 60 days consultation after the sale for $3,000.00 salary.
Reason for Selling
Retirement
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Raymond
G. Hanson
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Raymond G. Hanson