Status: Active
Specialty Home Audio & Electric Service - Listing #: 51675
Category | : | Construction | SIC | : | 1731 | |
Detail | : | Contractor Electric | Price | : | 275,000 | |
County | : | Down | : | 275,000 | ||
State/Prov | : | Florida | Disc Earn | : | 120,392 | |
Country | : | USA | Sales | : | 277,574 |
This business provides high-quality Home Theaters, Home Audio, Smart Homes, Outdoor Audio Video & Electric in Sarasota and Bradenton area. Since 1998 the business has developed an outstanding reputation for quality craftsmanship and unsurpassed service. They help their customers with design, cost savings and installation of quality home theater systems as well as offer many services to improve the efficiency of the homes electrical systems. **** Should a new buyer not have the necessary licenses to operate the business, seller is willing to sponsor the business so the new buyer can continue to operate. The buyer will be required to apply and receive their own license within a timeline required by the seller and agreed upon within the contract offer. Seller will require a monthly fee for sponsorship that will be negotiated and agreed upon at the time of the contract offer or before closing. |
Reason for Sale | : | RETIRE |
General Location | : | Hottest Growing Area On West Coast of Florida |
Organization Type | : | 'LLC' Hours Owner Works: 40 |
: | Years Established: 24 Years Owned: 24 Emp FT: 1 Emp PT: 0 Mgrs: 1 | |
Non Compete | : | Miles: 250 Years: 5 Weeks Training: 4 Cost: $0 |
Operating dys/hrs | : | M-F 9-5 |
Skills/Licenses | : | Electrician, Low Voltage |
Business | : | Is Relocatable: Y Is Home Based: Y Is a Franchise: N Is Lender P/Q: N Should Qualify For Visa: Y |
Data Source | Tax Return | Tax Return | ||
Year (Cash Flow) | 2021 (N) | 2020 (N) | (N) | |
Gross Revenue | 277,574 | 336,031 | 0 | |
Cost of Goods | 136,842 | 183,378 | 0 | |
Gross Profit | 140,732 | 152,653 | 0 | |
Expenses | 50,340 | 49,381 | 0 | |
Net | 90,392 | 103,272 | 0 | |
Owner Salary | 0 | 0 | 0 | |
Benefits | 30,000 | 30,000 | 0 | |
Interest Expense | 0 | 0 | 0 | |
Depreciation | 0 | 0 | 0 | |
Other | 0 | 0 | 0 | |
Discretionary Earnings | 120,392 | 133,272 | 0 |
Accounts Rec | 0 | N* | Real Estate | 0 | N* |
Inventory | 10,000 | Y* | ___________ | 0 | N* |
F F & E | 40,000 | Y* | Total Assets | 50,000 | Y* |
Leasehold | 0 | N* | |||
*Included? |
Lease/Month: | Square Footage: | Building Type: |
Terms & Options: | Expiration Date: |
Loan/Assumable | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
Loan/Seller | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
Loan/Other | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 |
JASON BROOKS | Office | : | (239) 849-9334 | |
ASSOCIATE | Fax | : | ||
Home | : | |||
SUNBELT BUSINESS BROKERS NAPLES & FT MYERS | Cell | : | (239) 357-7073 |
2640 GOLDEN GATE PARKWAY, SUITE 204 | ||||
NAPLES, FLORIDA 34105 | : | [email protected] | ||
USA | Home Page | : | sunbeltofflorida.com |