Electronics and Radio Communications Store - SOLD

 Sold Listings / 1553 views / Sold

Price: $750,000.00

We are offering an electronics and radio communications store for sale. Family owned and operated, it focuses on communication products and services. It offers a wide range of CB’s, two-way radios, mobile audio systems, TV antennas, and emergency lighting products. Not only do they sell name brand products, but they also install what they sell. In fact, they provide installation services for items not purchased at the store. Additionally, they provide custom installation of communication devices for boats, 4-wheelers, side-by-sides, motorcycles, campers, RVs, fire trucks, ambulances, and more.

As part of sales and services for fleet vehicles, they install backup cameras and alarms, inverters, taxi meters, DOT emergency lights and sirens, scanners, dash cams, and weather alert monitors, etc. They are an authorized rep for Comcast/Xfinity services. Also, they sell and install Dish Network and ViaSat internet. Another service provided is FCC licensing processing.

Customers:

As a do-it-all store, they attract customers from far and wide. Thanks to their competitive prices and quality work, they get excellent reviews. In fact, they consistently get 4 stars or better. One customer said “Amazing service, most knowledgeable staff about anything audio-video or auto-electrical in a fifty-mile radius. If you have any questions, they go way out of their way to advise and help you. Family owned and operated. Their business is a treasure to their community!”.

Location:

It has an excellent central Indiana location. Minutes from major interstate access, it serves four major cities within a 60-to-90-minute drive. It is highly visible from a major road that sees 10,364 vehicles per day. The store uses a variety of marketing efforts to gain new customers. These include a dedicated website, social media, radio, and promotional products. Excellent reviews and word of mouth referrals bring in new customers. The store has good customer retention. They keep up with current customers through direct and email campaigns.

Everything is already in place for a new owner. Bring your energy and vision to make this store the biggest thing in electronics around!

Investment Considerations:

  • Management in Place for Smooth Transition
  • Built In Demand for Growth
  • Strong Customer Retention
  • Growing Fleet Vehicle Installations & Replacements
  • Preferred Vendor with Emergency Services

Growth & Expansion Opportunities:

There is ample opportunity for a new owner to grow the business. These include:

  • Increase Social Media Use
  • Add More High Demand Products Online
  • Add An Outside Salesperson
  • Create Customer-Centric Promotions
  • Pursue State & Federal Government Contracts
  • Expand Into Fleet Installations
  • Expand Home Security Products & Services

Real Estate:

The real estate is owned by the business and is available for sale for $240,000.

 

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  • Location : Central Indiana
  • Listing # : N1934

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