Established Canadian businesses - For Sale by Owner - in Canada
Listing # 91006002
Business For Sale
StudioLAB Audio/Video Store in Stouffville On. Plus StudioLAB Brand Name
$150,000.00 (Cdn)
Business Location: South Central Ontario Postal Code: L4A Relocatable: Yes
Business Categories:
Retail Stores & Trade Electronics & Electrical
BUSINESS FEATURES
If you've ever had a thought of owning your own audio/ video store, now is your chance. This location retails home theatre loudspeakers, electronics, HD televisions, high end two channel audio, audio/video furniture as well as cables & accessories. Loudspeaker parts and service is also offered, bringing in customers from all over. In addition to the stores products and services, custom installation can be offered for those customers looking for a complete whole home audio/video solution.
The current store layout is an open retail space of approximately 1000 square feet, finished with beautiful wood flooring, 10' ceilings & ample lighting, with a 600 square foot basement for storage and speaker production.
FINANCIAL INFORMATION
Although this location has been in operation for just a little over two years, our previous location in Toronto was in business for more then 35 years. StudioLAB is Canada's oldest and one of the most trusted brand names.
The location comfortably supports it's current owner and has unlimited potential in the lucrative custom home audio/video installation market.
MARKET & COMPETITION
This beautiful retail store is located in Ontario's 4th fastest growing city, right in the heart of downtown Stouffville. Our retail customer base stretches out far beyond Stouffville, with competition-less surrounding area's such as Port Perry, Aurora & Ballantrae along with a close proximity to the GTA. A combination of lower house prices and higher average household income ($110,000 / year), our customers have more disposable income to spend on the finer things in life.
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