ABSENTEEE OWNER POPULAR CAR AUDIO & TINTING BUSINESS - 2 LOCATIONS IN SACRAMENTO COUNTY - SC2113

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Automotive Businesses for Sale

  • Primary Category: Automotive Businesses for Sale
  • Secondary Category: Radio Installations Businesses for Sale

This Northern California based Car Audio and Window Tinting Business is a California Sub-Chapter S Corporation and was established in 2000 and has been under the current ownership since 2020. This company specializes in car audio and electronics, window tinting, safety & security, and led lighting. With 2 locations in Sacramento County, they are the premium brand in car audio. They are the destination for brand name Subwoofers, Speakers, Amplifiers, Car Alarms, Remote Start, Bluetooth Receivers, Marine Audio, Video, and in-dash navigation. Some of the premium brands they carry include Rockford Fosgate, Wet Sounds, Pioneer, JL Audio, Kenwood Excelon and several others. Their lines of accessories include names such as PAC Audio, Stinger and Metra as well as many more.

Financial Information

  • $1,650,000 Asking Price
  • $500,000 Cash Flow
  • $2,500,000 Gross Revenue
  • $1,650,000 Down Payment

Business Location

  • City: Sacramento
  • State: California

Reason for Sale

  • The reason for selling is Seller are looking to pursue other interests.

Detailed information

  • Year Established: 2000
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Fulltime Employees: 12
  • Part time Employees: 1
  • Contractors: N/A
  • Owner Worked Hours/w: 2
  • Adjusted EBITDA: $500,000
  • Inventory Included: Yes
  • Inventory Value: $335,000
  • Monthly Rent: $6,500
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Building Size: 7600
  • FF&E Included?: Yes
  • FF&E Value: $60,000

Facilities

  • Business operates out of 2 locations in Sacramento County.

Market Outlook/Competition

  • The global car audio market size was estimated at $8.56B in 2020. The market is projected to grow from $8.82B in 2021 to $13.52B in 2028 at a CAGR of 6.3% during the 2021 – 2028 period. The global impact of COVID-19 has been unprecedented and staggering, with car audio witnessing a negative demand shock across all regions amid the pandemic. Based on analysis, the global market exhibited a decline of 4.6% in 2020 as compared to the average year-on-year growth during 2017-2019. The rise in CAGR is attributable to this market’s demand and growth, returning to pre-pandemic levels since the pandemic is over. Growth can be obtained by increased marketing as well as Tesla/electric vehicle window tinting, adding clear coating and doing wraps as well. Current marketing is based on internet as well as text messages, some radio and Pandora. More strategic advertising and social media would drive up sales as well.

Real State Description

  • Business operates out of 2 locations.

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Business Listed by Sunbelt of Sacramento
Contact
Brett Sargent
Call Listing Broker (650) 346-8176
Listing ID
SACRACA002-52132
Office Phone (916) 800-2090

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