L1309 Specialty Auto Accessories

This specialty auto accessories business is the local leader in sales and installation of car audio and video systems, alarms, security systems, satellite radio and TV, navigation and GPS systems, blue tooth hands-free systems, and i-pod solutions!  It even offers running boards for trucks, window tinting, and car washing/ detailing services!  Located on a very busy street in a Los Angeles County beach city, the shop is situated in a well-maintained, stand-alone building.  This location provides great visibility for the 2,000 sq. ft. shop, at a low monthly lease of $1,845, including utilities!  The owners acquired the business in 2007 and invested a lot of time and money to make it a success.  As a result, the shop is easy to run and very profitable!  The showroom is very well organized, and features a $33,000 MTI display board with full switching capabilities to demonstrate the wide variety of car stereos. It carries a full spectrum of product lines for every customer – Alpine, Kenwood, Clarion, Pioneer,  Blaupunkt, Diamond,  Autopage, Hornet, Viper, Clifford, and more!.  Two large, well-equipped bays provide ample room for installers to do the high-quality, custom installations and window tinting.  A separate area behind the shop is set up for the car washing and detailing, and is equipped with city permitted plumbing and water drainage. The business has all types of customers – from owners of trucks to Mercedes, Jaguars and BMW.  It also has accounts with local car dealerships and a rental car company.  There is potential to grow the business by promoting more wheels and tires, and fully-utilizing the online store in the state-of-the-art website.  The owners are selling because one is moving out of state, and the other wishes to pursue other business opportunities.

 Alan Lippincott is a business broker and BestSoCal owner who welcomes calls to (877) 420-6478 and Email Inquiries.  His comments should be regarded as general in nature and not taken as advice without a personal consultation and signed agreement.