Professional Audio Product & Technology Developer - Business for Sale
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Professional Audio Technology Manufacturer in Northeast US
US
Added 5 months ago
Professional Audio Product Manufacturing and Technology Development
Retiring Owner
The company designs, develops, and sells proprietary audio networking products and technologies for live sound, studios, and fixed installations, and is headquartered in the Northeast US.
Key Information
Asking
–
Revenue
$2.0M
Earnings
$308K
Multiple
–
Key Highlights
- The company operates from a 4,500 sq. ft. leased facility in the Northeast US, with office, lab, and warehouse space
- All products are designed internally and manufactured in the United States, with parts sourced worldwide
- The company possesses proprietary data, systems, technology, patents, trademarks, and trade secrets
- The business uses a B2B sales model, selling to dealers in the US and distributors internationally
- End users include houses of worship, live venues, cruise ships, theaters, and studios
- The company is owned by 37 shareholders, with the majority stake held by an entity jointly owned by the CEO and COO
- The CEO and COO are seeking retirement but are willing to remain for a predetermined period post-sale to ensure a smooth transition
Contact Info
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