Car Audio & Electronics Business w/Real Estate

File# C2519
Location: Suburban Wayne County
Business Price: $75,000
Down Payment: $25,000
Monthly Payment:$1,498.54
Interest Rate: 5%
Amortization Period:36 months
Gross Sales: $250,000+/-
Source: Seller
Cash Flow: $60,000 +/-
Source: Seller
Inventory: $45,000 +/-
Days Open: 6 days
Business Hours: Mon-Thur 9:30-6:30, Fri 9:30-7:00, Sat 9:00-5:00
Seats: NA
Parking: ample
Licences Required:Sales Tax
Year Established:1998
Year Acquired: 1998
Building Price:$315,000
Building Terms:$100,000 down, monthly payment: $4,057.32, 5% interest 5 year amortization


This is a car audio and electronics business located on a major road with excellent traffic count. It is located on a corner lot with excellent road exposure. The owner has been at this location since 1998. The current owner primarily runs the business but has 4 part-time employees that come and help him if he gets busy. This business is up for sale, including the real estate as a package. The building is 1800 sq. ft with two bays but has a lot of room for expansion. The current building and parking lot cover approximately half of the total area of the property, the remaining half of the property is vacant. Because of that extra space, this business can be expanded dramatically to offer mechanical auto repair, oil change etc… The business is surrounded by many major car dealerships, other small businesses and also residential neighborhoods. Give us a call today to learn more about this fantastic opportunity.

Note: Building Price: $315,000

Terms: $100,000 down, monthly payment: $4,057.32, 5% interest 5 year amortization.

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This information has been supplied to Broker, Capital Business Brokerage, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.