Boutique Audio / Video Store
Location:
Canada
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Ontario
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Durham
Industry: Retail > Computers and Electronic Equipment Retail
Business Summary
If you've ever had a thought of owning your own boutique audio video store, now is your chance. This beautiful store is located in Ontario's 4th fastest growing city, right in the heart of downtown Stouffville. Our retail customer base stretches out far beyond Stouffville, with competition-less surrounding area's such as Port Perry, Aurora & Ballantrae along with a close proximity to the GTA. A combination of lower house prices and higher average household income ($110,000 / year), our customers have more disposable income to spend on the finer things in life.
This location retails home theatre loudspeakers & electronics, HD televisions, high end two channel audio, audio/video furniture as well as cables & accessories. Loudspeaker parts and service is also offered, bringing in customers from all over due to the complete lack of speaker service shops in Ontario. In addition to the stores products and services, custom installation is offered for those customers looking for a complete whole home audio/video solution.
The current store layout is an open retail space of approximately 1,000 square feet, finished with beautiful wood flooring, 10' ceilings with over 25 recessed pot lights and a fresh coat of paint. Designed to have a real world living room feel, the store's open environment currently houses 10 separate demonstration area's. An added bonus is approximately 750 sq. ft. of storage and service space located in the basement (which could alternatively be used as more retail space.)
Although this location has been in operation for a little over a year, our previous location in Toronto was in business for more then 35 years. Having laid the ground work through marketing and promotion, along with our large & loyal customer base, why start from scratch when you can take this turnkey operation and start making money from day one. Contact for more information on this Audio / Video Store for sale.
Financials
Asking Price Range: < $250K
Gross Revenues:
$150,000
Cash Flow:
$70,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: No
About The Business
Year Established: 2008
Number of Employees: 1 - 3
Relocatable: Yes
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Will provide 1 month's training with sale.
Reason For Selling: Retirement.
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Click on the "I'm Interested" button above for more information on this Retail > Computers and Electronic Equipment Retail business for sale.
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Print Listing Id: 700114734
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