Electronics Retail For Sale - Los Angeles, California, CA

PROFILE: Electronics Retailer - Well Known And Established

AD/LISTING INFORMATION
Status: Available
State: California
Location: Los Angeles
County: Los Angeles
City: Los Angeles
Primary Category: Retail Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  131202
Seller Or Contact:  Rodd Feingold
Primary Phone:  818-483-4777 X101
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  8/25/08
Date Ad Last Revised:   9/9/08

FINANCIAL INFORMATION
Asking Price: $750,000
Down Payment: $750,000
Annual Revenue: Call/Email
Annual Adjusted Net: Call/Email
   
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: Call

DESCRIPTION: Established, Well Known Electronics Retailer And Wholesaler. This Business Was Established By The Owner 30 Years Ago And Has Become One Of The Largest Independent Stores Of Its Type In California. The Owner Has Established Distribution Lines With Sony, Jvc, Aiwa, Hitachi, Philips, Pioneer, And Panasonic And Many Other Top Name Brand Appliance Manufacturers. There Is Also An Established A Sub-Division Which Handles Factory Warranty Work As Well As Installation. The Business Operates Out Of A Huge 44,000 Square Foot Warehouse With Low Rent Just 75 Cents Per Square Foot. Included In The Sale Are Two Forklifts And 12 Forty Foot Storage Containers. Key Employees Are Willing To Stay And The Owner Will Train. The Owner’s Unique Ads Have Made His Store One Of The Most Recognized In Southern California. Purchase Price Includes $1,000,000 Of Inventory At Seller Cost.

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