Absentee Owned Popular Car Audio & Tinting Business - Real Estate Included - SC2200

Business Overview:

This Northern California based Car Audio and Window Tinting Business is a California C Corporation and was established in 2005 and has been under current ownership since inception. This company specializes in car audio and electronics, window tinting, safety & security, and led lighting. They are the destination for brand name Subwoofers, Speakers, Amplifiers, Car Alarms, Remote Start, Bluetooth Receivers, Marine Audio, Video, and in-dash navigation. Some of the premium brands they carry include Rockford Fosgate, Wet Sounds, Pioneer, JL Audio, Kenwood Excelon and several others. Their lines of accessories include names such as PAC Audio, Stinger and Metra as well as many more.

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Market Competition and Expansion:

The global car audio market size was estimated at $8.56B in 2020. The market is projected to grow from $8.82B in 2021 to $13.52B in 2028 at a CAGR of 6.3% during the 2021 – 2028 period. Growth can be obtained by increased marketing as well as Tesla/electric vehicle window tinting, adding clear coating and doing wraps as well. Current marketing is based on internet as well as text messages, some radio and Pandora. More strategic advertising and social media would drive up sales as well.

Reason for Selling:

The reason for selling is Seller are looking to pursue other interests.

Additional Details:

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