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Established And Profitable Speaker Business In Toronto For Sale

Toronto, Ontario, Canada
Asking Price:
$250,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
$500K - $2.5M (CAD)

Established in 1983 with 1000's of existing corporate & retail customers. Very profitable retail and dealer sales and service. Open on weekends and utilize website online sales to increase profits. Inventory and Distributor for Cerwin Vega & Max Fidelity are also available for sale at extra cost.

Monthly gross rent including utilities: $5,705 per month. The seller can train specialized speaker repair work & continue as a consultant if wanted. Experienced in repairing over 110 speaker brands including Cerwin Vega, JBL, Klipsch, & many more.

The business sale includes a massive customer database, and 5,000 sq. ft. as well as the company website. Additional inventory is available. Exclusive speaker distribution contracts are also available.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

Full monthly gross rent including utilities: $5,705 per month.

Lease Rent:
per sq ft per annum
Location:

Directly south of Eglinton Square Shopping Centre, Home Depot, Walmart, and hundreds of retail stores & restaurants. High traffic location.

Size in square feet:
5,000

Business Operation

Expansion Potential:

Open weekends and launch online sales to increase revenue and profits.

Competition / Market:

The Shop is where speaker repair shops bring the speakers to get get repaired.

Reasons for selling:

Owner retiring. Very good opportunity to buy an established & very profitable business.

Trading hours:

10am - 6pm Monday to Friday.

Employees:
5
Years established:
1982

Other Information

Support & training:

The seller can train specialized speaker repair work & continue as a consultant if wanted.

Financing available:

Private financing available OAC.

Furniture / Fixtures value:
$50,000 (CAD) - included in the asking price
Inventory / Stock value:
$1,800,000 (CAD)
Website:
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Relocatable:
This business can be relocated.