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Disc Jockey And Audio Visual Equipment

Location  United Kingdom
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1989
Number of Employees  6 - 9
Relocatable  Yes
Number of Employees  6 - 9
Real Estate  Owned
Training  The vendors will be delighted to arrange a suitable handover period to new ownership and is open to discussions regarding a longer-term contracted consultancy arrangement.
Reason for Sale  After many years in the trade building a successful business, the vendor is looking to hand-over the company on an upward trajectory to someone who can take things to the next level. He is looking to enjoy a great work / life balance
Description  Distributor & Retail of D J Equipment Confidentially offered for sale Ref No: AD023 Location: North London Business Asking price: 900,000 including 250,000 of Stock Freehold Available under separate negotiation Following in excess of 20 years in trading and retailing high-end Audio Visual equipment, the vendor established this stable and growing business in 2005 to focus on the Professional Audio and D.J equipment sector. From the outset the business has focused on its reputation for delivering all types of equipment, including hard to find and discontinued items. Alongside the major OEM electrical companies, and the high-end niche manufactures, the business stocks from a wide range of suppliers across the industry. As such they have developed a true one-stop shop for the AV installer, Professional D.J., and Nightclub / bar looking to source and implement the best equipment in the market. The business sells mostly through wholesalers and distributors, with some direct retail orders. Approximately 50% of orders are for the U.K. market, with 50% destined for Europe. They have agreements in place with some major continental distributors, including Germanyys largest retailer. The business has won a number of exclusive sub-distribution agreements with niche high-end manufactures for U.K. and Eire. Also with the amount of trade the business is capable of, they are continually offered Direct Dealershipp opportunities with major brands such as Sony, Panasonic and Pioneer. Should the retail operation be expanded, this can easily be capitalized on. The business is currently located in a large and flexible building in North London, allowing for storage and warehousing on-site, with office space and a small retail area. The business can be re-located, the vendor is open to leasing the premises at market value to a new owner, or selling the freehold of the building, which includes a flat conversion.
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