Major Dealer/ Distributor of Pro Audio/ Audiophile Equipment and Musical Gear/ Instruments

Major Dealer/ Distributor of Pro Audio/ Audiophile Equipment and Musical Gear/ Instruments

Price: $525,000

Location: New York

Industry: Wholesale/Distribution, Miscellaneous Retail

Listing ID: 903

Major distributor of pro audio/musical gear, headphones, home audio equipment. This company has been serving the market for nearly 50 years and is both well-known and highly trusted by consumers. Company generates 80% of their revenue from Online Sales

The company sells through a diversified set of channels including company website, Amazon, eBay, Reverb, Walmart, and direct to customer. There is also a steady export business with customers in Japan. The product catalog includes approximately 1,200 SKUs from virtually every brand in the industry.

They have received numerous sales awards from several manufacturers including Largest Dealer, Largest Sales Growth and Lifetime Achievement awards.

Company Highlights:

•Robust Product Offering

•Multiple Sales Channels

•Excellent Relationships with Manufacturers

•Strong Staff

•Initial New Owner Training and Support from Seller

This is an excellent opportunity for a new owner to take the reigns of a well-established, successful business and apply their talents & ideas to grow it even greater.

Business is Pre-Qualified for 3rd Party Financing for Qualified Buyers.

Submit NDA and you will be provided with CBR (Confidential Business Review) containing all information need to make a buying decision.

Listing Details

Revenue: $2,739,823

Cash Flow: $144,348

FFE: $65,000 (Included in Price)

Inventory: $395,000

Reason For Sale:

Other Business Interests, Owner Relocation

Training & Support:

Training & Support Available

Operation

Year Established: 1970

Owner Hours Per Week: 40

Non-Owner Payroll: $133,770

Employees: 4

Managers: 1

Absentee Owner?: Yes

Location

Monthly Rent: $ 6,400

Square Footage: 5700

Facilities Information:

5,700 SF facility with the warehouse built out to twice that size space by having 2nd level tier platforms, mezzanines and 18-20-foot ceilings.

There’s plenty of extra space to do much more with storage.

Summary

Financing/Terms:

3rd Party Bank Financing Available
Lender Down Payment: $112,000.00
Lender Number of Months: 10

Kyle Griffith

kyle@nybbinc.com
(631) 339-0249
Address:
The NYBB Group
25 Melville Park Road Suite 216 Melville, NY 11747

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