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Asking Price$2,400,000
Revenue$3,449,000 Established1992
Cash Flow$843,000 Employees4 full, 1 part
FF&E$40,000* FranchiseNo
Inventory$750,000* RelocatableNo
Real Estate$995,000 Home-basedNo
* Included in Asking Price
The asking price includes A/R of $400,000 and Inv.$800,000. This is a professional audio company specializing in infrared wireless audio products. It's revolutionary advanced infrared technology equips the entire room with sound field amplification without any interference between rooms. Audio systems are designed for a wide variety of applications; company's primary target market is school districts and classrooms but could be expanded to include other target markets.  Seller has a patent on one of the products that's included in the price. Products are manufactured overseas. This Company has been established  for over 20 years and sales have increased steadily each year. It is located in San Diego County and has established a leadership position in the wireless infrared sound field industry nationwide and overseas. For more information please contact: Listing Broker Hal Janke, Pres., Bkr, CBI, CBB Lic. No. 01239761 Sunbelt Business Brokers of San Diego Phone: 760-931-9530 Direct: 760-612-7018 Email: info@OmegaBusinessAdvisors.com   DISCLAIMER: The information contained in this advertisement was furnished by the seller. Sunbelt Business Brokers of San Diego or its agents have not verified the information and make no representations as to its accuracy or reliability.

Required Licenses: General licenses

Real Estate Number: 01239761
Competition:has 3 major competitors in the industry.
Growth Potential:There has been a steady growth in sales. Potential to expand into secondary target markets.
Training/Support:Seller or Mgr. will provide training for 4 weeks at 30 hours/week from close of escrow.
Seller Financing:Seller will carry a note of approx. $400k depending on the buyers background and financial strength
Sale Reason:Illness forces sale
Ad #100385
Seller Reference #SDCOAST001-N398
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Hal Janke, Pres.,CBI, FIBBA
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