Established Auto Accessories Retailer with Exclusive Product Agreements in Ingham County, MI
Financial Details
- Asking Price:
- $360,000
- Annual Revenue:
- $677,412
- Cash Flow / SDE:
- $118,228
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 3.0x
- Location:
- MI, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This is a well-established, full-service automotive electronics retailer located in Ingham County, Michigan. The business specializes in car audio/video systems, remote car starters, keyless entry, alarms, and window tinting, complemented by exclusive product agreements that provide a unique market position. They offer a wide selection of products from leading brands such as Alpine, Kenwood, and Pioneer. The business benefits from a loyal, fully trained, and experienced staff, with all necessary tools and equipment included in the sale. Significant growth opportunities exist, including expanding advertising efforts, hiring additional technicians, strategic price increases, opening a new retail location, increasing the physical footprint, and broadening exclusive product lines. The lease terms include a triple net structure with a base rent of $3,500/month through January 1, 2024, with an option to extend. The real estate may also be available for purchase. Four weeks of transition assistance are included, with longer-term support negotiable.
Industry Information
- Industry Description:
- Auto Accessories Retailer
- Classification:
- Automotive & Boat
Real Estate & Lease
- Status:
- Available for Purchase
- Monthly Rent:
- $3,500 USD
- Lease Expiration:
- 2024
Listing Details
- Listing ID:
- 4d696891-5b32-41c7-b460-00735b3b532e
- Deal Status:
- For Sale
- Date Posted:
- September 09, 2023
- Last Updated:
- September 15, 2025
- Currency:
- USD