THE SOUND RESORT
THE BUSINESS:
Established 20 years ago in the heart of the Mt.
Washington Valley, this family-owned enterprise has
evolved from a small audio and CD store into a well
known retailer of the top names in audio and video
equipment, cell phones and car sound
systems.
OFFERING SUMMARY:
Asking Price: $535,000 plus inventory
Average Inventory: $180,000
2006 Gross Revenue: $1,830,000
2007 Gross Revenue: $1,970,000
2006 Cash Flow: $256,500**
2007 Cash Flow: $296,162**
** Includes rent of vacated store
F,F & E $133,000
Real Estate: Leased – 3 years with
5 year option.
Additional Information: The owners agree to transition the new
owners for up to 30 days and will be available for a longer period
for reasonable compensation. It is the sellers’ intention to relocate
but a non-compete agreement will be included with the sale.
OFFERING SUMMARY:
Asking Price: $535,000 plus inventory
Average Inventory: $180,000
2006 Gross Revenue: $1,830,000
2007 Gross Revenue: $1,970,000
2006 Cash Flow: $256,500**
2007 Cash Flow: $296,162**
** Includes rent of vacated store
F,F & E $133,000
Real Estate: Leased – 3 years with
5 year option.
Additional Information: The owners agree to transition the new
owners for up to 30 days and will be available for a longer period
for reasonable compensation. It is the sellers’ intention to relocate
but a non-compete agreement will be included with the sale.
