Custom Speaker Manufacturer – Brooklyn, New York

Price: $875,000

Location: Brooklyn, New York

Industry: Manufacturing

Listing ID: 03222023

This Custom Speaker Manufacturer features high-end speakers for music lovers, home theatre, and outdoor listening. Products include finished speakers, parts and upgrades, sub-woofers, etc. The company’s propriety technology enables their speakers to produce unparalleled Full Room Stereo, 3-D Stereo Imaging, and Waveform Fidelity audio.

This company has been in business since 1972 and currently operates in 5,000 sq ft facility located in Brooklyn, New York.

This business benefits from excellence in customer service. It is priced to sell with a highly motivated owner. The Seller will provide hands on training to ensure a smooth transition.

For more information, please contact: msussman@inbargroup.com

• Asking Price: $875,000
• Annual Cash Flow: $250,000
• Gross Revenue: $900,000
• Inventory at Cost: $70,000
• FF&E: Per Appraisal
• Building Size: 5,000 Sq Ft
• Monthly Rent: $6,000
• Security Deposit: $12,000
• Down Payment: Negotiable
• Payroll: $340,000 per Year
• Number of Employees: 7 FT
• Days Open: 5 Days
• Established: 1972

* Reason for selling: Owner is seeking retirement.

Gross Revenue: $900,000

Cash Flow: $250,000

Inventory: $70,000

Reason for Sale:

Seller is seeking retirement.

Training & Support:

Seller will provide training and support to ensure a smooth transition.

Year Established: 1972

Days & Hours of Operation: 5 days a week

Non-Owner Payroll: $340,000

Employees: 7

Monthly Rent: 6000

Type of Location: Single Location.

Square Footage: 5000

Relocatable: Yes

Facilities Information:

5,000 Sq Ft.