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This Business has been Sold!
Business for Sale Summary

Established Speaker Enclosure Manufacturer - 7373

Business Type: electronics & technology,wholesale/dist businesses
Sold
Established Speaker Enclosure Manufacturer
On , The Undersigned
Acted as the Advisor to the Deal
Marie Goldstein
Marie Goldstein Senior Broker
Servicing: All of NY
All of NJ
All of CT
All of PA
All of OH
All of NC
All of NH
All of ME
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $400,000 Down Payment $222,000
Gross Revenues $419,500 Lease Remaining Register Free to View
Owner’s Cash Flow $150,014 Number of FT Employees Register Free to View

Financing

$222,000 Down and 5YR / 8% fixed

Business Description

15 YR Established Speaker Enclosure Manufacturer. Large National Accounts (Well Established). 100% VERIFIABLE FINANCIAL INFORMATION! This is a great turnkey opportunity for anybody looking for a manufacturing company. It has no local competition, and has a tremendous established clientele base. 95% of the business is through the manufacturing of custom proprietary Speaker boxes for National Accounts and custom work for many celebrities. CNC MACHINED PLANT, All manufacturing equipment is owned. The current owner is building a retail showroom, and recently hired his first outside sales person. The retail end of the business can grow considerably with a simple marketing plan put in place. This business produces a considerable cash business that is verifiable. The business is ready to be taken to the next phase, but the owners health does not allow it. There is an opportunity to expand greatly in a short time. DON'T LET THIS OPPORTUNITY PASS YOU BY!

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.