It would seem that there are very few bricks and mortar shops making money on (new) retail high end audio. As several have noted, custom HT installations are now the bread and butter for these businesses. I've been an investment baker advising businesses for most of my career and my advice in this instance would be:
"Proceed with extreme caution." Beyond that, just 2 specific thoughts.
Most small businesses do not fail because they are inherently unsustainable. Rather, they simply run out of money. Make sure that you are adequately capitalized before you jump in.
Keep your overhead under control! This would probably be the first priority, since you face an uncertain cash flow stream. Any meaningful nut could sink you.
Good Luck.
Marty
"Proceed with extreme caution." Beyond that, just 2 specific thoughts.
Most small businesses do not fail because they are inherently unsustainable. Rather, they simply run out of money. Make sure that you are adequately capitalized before you jump in.
Keep your overhead under control! This would probably be the first priority, since you face an uncertain cash flow stream. Any meaningful nut could sink you.
Good Luck.
Marty