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High end Audio Retail- Great Margins

$270,000 + SAV

Newcastle, New South Wales

High end Audio Retail- Great Margins

This boutique retail audio visual operation has been keeping the big chains honest in Newcastle for over 37 years and is finally ready for a new owner.
It is renowned in the region as a supplier and installer of high quality sound and video equipment for residential and commercial purposes.
The business has strong buying power with key brands, and stocks and displays many items not available anywhere else in the region.
The business comes with reliable staff, great processes and systems, a fantastic loyal niche client base, and only keeps modest amounts of high moving stock.
This business is a fantastic way to get into a niche boutique retail business
1. New Website investment just completed
2. New Phone and Internet System recently installed
3. Customer Data Base 16,500 Names and details
4. E-Mail data base mailed to regularly 5,000
5. Facebook Customer Satisfaction feedback review rating is 4.6 out of 5
6. Repeat and Referred customers running currently at 70% ( tracked via our point of sale system)
7. regular Facebook and Instagram posts
8. 37 years of continuous business under the same owners

Business Links / Tools

Last updated: 26th February 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Newcastle
State
 New South Wales
Price
$270,000 + SAV
Category
  • Music/Video
  • Retailer

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Agency

Business Brokers Network

Business Brokers Network

Contact

Craig Lowth