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Sydney HiFi Music, Sound Systems, Home Theatre, Supply and Install, DVD's Business For Sale Owner Instructs Us To Get Offers

Details

Title: Sydney HiFi Music, Sound Systems, Home Theatre, Supply and Install, DVD's Business For Sale
Sale Price: Owner Instructs Us To Get Offers
List REF: 999
Status: For Sale
Business Type: Retail : HiFi Music Theatre :
Location: NSW Sydney

Introduction

A Melbourne Business For Sale Home Theatre, Supply and Install, DVD's, HiFi Music, Sound Systems

Full Description

About The Business

It all started with a vision for the future of home entertainment, a love of music, and a deep desire to have as

The business is a specialist retailer and provider of some of the best products available today within the home
entertainment, interactive product and music industry.

We are offering the opportunity for someone to buy this established Hi Fi retail store with a highly regarded trading history of more than 30 years in the Sydney Northern Beaches region.

The Customers

The store enjoys repeat custom and word of mouth recommendation, a store that ensures the customers shopping experience is enjoyable. Whether it is a TV, Projector an iPod accessory or a home theatre package, the customer receives expert advice
The business also stocks a large range of new releases including Vinyl records that is both a real growth market that brings in repeat business.

Customers are mainly from the Northern Beaches region with a proportion of commercial clients, the corporate market is a growth area and with marketing applied would add additional revenue and profit to the business.

Customer records are all captured on a point of sale software system and provide an invaluable customer database.

Repeat Customers And Technology

As a result of technology development almost all customers become repeat customers. When new technology is released it often requires new hardware and equipment. The time frame for returning customers adopting new technology was around seven years however with technology changing faster the repeat customer time frame is now closer to three to five years.

With technology changing so quickly, there are always something new on the market and choosing the right product can often become very confusing, Unlike the larger chain stores, customers can rely on quality advice, information and the answers to their questions from someone they know and trust. Likewise as new customers are often referred by a friend they to can rely on the knowledge and advice they receive from the store.

The Ideal Purchaser
A person, partnership or couple who have an interest in audio and visual technology or a business operating in another location that would add this business as an additional outlet.

It is not essential that the new owner needs a background in audio and visual technology as store management and staff with these skills can be employed.

A background in sales and marketing, B2B sales social media and online sales.

The Brand

The store is in the perfect position to take advantage of the ever growing online sales market. The store is found on page one of Google and Yahoo in search phrases like Sydney HiFi, Audio Sydney Sydney Sound Systems and numerous other related search terms.

The store is also on page 1 position 1 on yellow pages search results in the Northern Beaches Region.

In Summary The Business:

  • is located in a prime retail location
  • is located in an ideal demographic territory for its products and services
  • has a very prominent position in a busy shopping location
  • is in a strong retail growth location
  • has security of location and tenure
  • is regarded by its customers as a reputable audio visual business provider
  • has potential to develop a strong online retail business
  • has an exceptional profile and presence in the Sydney marketplace
  • has an exceptionally high presence via internet search engine Google
  • has a high local presence via yellowpages online
  • has a long and respected reputation with clients
  • valued and respected by suppliers
  • has untapped support from suppliers
  • has strong volume buying power (economy of scale)
  • has minimal competition
  • offers unlimited growth prospects
  • has a strong base to capitalise on both instore and online sales
  • has a significant and fast growing instore database
  • is in a growth industry
  • is a growth business
  • passes all the tests on industry and business risk
  • has a stable financial performance
  • operates seamlessly under management
  • is not dependent on owner day to day management
  • has a stable employee history
  • enjoys the benefits of stable competent staff and management
  • has proven effective management procedures
  • has well documented procedures
  • has a long established loyal client base

Bizaus is dedicated to providing the best outcome for the buyer and the seller! Call 0417 113 473 for more details or complete the form.

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