Car Audio Shop

3 Car Audio Shop Success Stories [2024]

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Updated: October 10th, 2024

Are you passionate about car audio systems and looking for a solid business idea? Consider starting a car audio shop.

In simple terms, a car audio shop is a retail and service business that specializes in selling and installing car audio equipment like speakers, amplifiers, subwoofers, and head units.

This business offers a unique blend of retail and service elements, providing you with multiple revenue streams. It taps into the ever-growing automotive aftermarket industry, where enthusiasts and everyday drivers alike seek to enhance their in-car audio experience.

Launching a car audio shop requires a good understanding of audio technology and installation techniques, coupled with a focus on excellent customer service. With the right expertise and a passion for high-quality sound, you can create a thriving business that resonates with car owners in your community.

In this list, you'll find real-world car audio shop success stories and very profitable examples of starting a car audio shop that makes money.

1. World Wide Stereo ($48M/year)

Former psychologist Bob Cole founded World Wide Stereo in 1979 to simplify home electronics, evolving it into a $56-62M e-commerce and custom installation powerhouse by addressing customers' needs for stress-free, high-quality entertainment environments.

How much money it makes: $48M/year
How much did it cost to start: $15K
How many people on the team: 92

45 Years In Business, Our $48M/Year Electronics Company Is Still Growing Each Year

Case study of World Wide Stereo, a consumer electronics company with a profitable $56 to $62 million business, known for their excellent customer service and online shopping experience, as well as their focus on providing a higher quality of entertainment and environmental control through electronics.

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2. Big Jeff Audio ($12M/year)

Jeffery M. Goldman, founder of Big Jeff Audio, turned his side hustle of selling eBay items like home security cameras into a $1 million-per-month car audio business after responding to an opportunity email and starting his own e-commerce journey.

How much money it makes: $12M/year
How much did it cost to start: $1.5K
How many people on the team: 30

Hunting For Side Jobs To Building A $12M/Year Audio Equipment Business

Case Study: Big Jeff Audio, an online retail and wholesale distributor of car audio equipment, has grown to generate over $1 million in sales per month, attracting and retaining customers through unique product offerings, combo listings, social media engagement, giveaways, blogs, YouTube videos, and podcasts, resulting in a strong customer base and consistent growth.

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3. Down4SoundShop.Com ($12M/year)

Johnathan Price, owner of Down4soundshop.com, came up with the idea for his car audio distribution business after receiving compliments for his impressive car audio system at various car shows. Realizing there was a demand for the equipment he used, Price decided to start selling it himself. Despite having no prior knowledge about running a business, he took the leap and is now projected to break $10 million in sales.

How much money it makes: $12M/year
How much did it cost to start: $5K
How many people on the team: 5

How I Started A $1M/Month Brand Dedicated To Car Audio

This case study follows the success story of a car audio enthusiast who started a business selling audio products, projecting to break 10 million dollars in sales this year, using word of mouth, social media and streamlined team members to build the business.

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Read by 14,691 founders