Active
Pro Audio Equipment Manufacturer and Distributor! (17945)
Serving the entire USA market, the prominent manufacturer and distributor manufactures products unique to the professional audio industry. Cases account for about 90% of the current sales volume!
Products include but are not limited to: Audio equipment cases and racks, professional DJ products, portable and install-ready speaker systems, and various accessories.
Client base includes distributors, online dealers, Amazon re-sellers, retail music stores, integrators, event production and rental companies.
Sales remain steady with $562k Revenue in 2023 alongside $41k discretionary earnings.
Preferably sold with the business, expansive facility is over 19,000 SF with 17,000 SF production & warehouse space!
Adjacent vacant lots create opportunity for new mfg./warehouse.
Export opportunities are present and could easily be incorporated with a few additional employees.
Website updates and SEO underway. With eCommerce and marketing program added, sales would flourish!
Approaching retirement, the seller’s transition is flexible so the new ownership can be fully acclimated.
Listed By: Dean Blythe
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Background information
Seller Number:
17945
Year established:
1984
Reason selling:
Approaching retirement.
Finance
Sales:
$562,000
Profits:
$41,000
Profit type:
Discretionary Earnings
Operations
Employees:
5 nonunion.
Equipment:
$112,000
Inventory:
$200,000 +/-
Premises
Facility:
Property marketed for $775,000 is available for optional purchase.
Square footage:
19,000+/-
Opportunities
Market:
Referral Sources.
Price and terms
Price:
$475,000
Financing:
Standard SBA-term financing will be negotiable for qualified buyers.
Owner Transition:
Flexible so the new management can be fully acclimated.