Alex Restrepo had worked all through high school in his family's business, an auto store specializing in the sale and installation of car stereos. All that time he spent after school and on weekends learning the products, operations and customer needs made him realize how much he wanted to own his own business. He knew that there were untapped opportunities in the market and his dream was to turn the small, local auto store into a major player in the automobile customization business. By the time he was able to purchase the business from his mother in 2003, he had big plans to attract more business into the shop by expanding his products and services.
About a year after he bought the business, Alex decided to get some help from the University of Houston Small Business Development Center Network. Sales were increasing and he was determined to grow the business the right way. He began meeting with UH SBDC Network Senior Consultant Orlando Saldana. They worked on putting together an actionable business plan for growth and looking at funding options to support that growth. Orlando also helped Alex develop a strategy to strengthen business operations and position the company to obtain the financing he would need.
By 2007 Alex was ready to move forward with his expansion plans, which included a new facility to house his expanded line of products and services. With Orlando's help, he finalized his business plan and updated his funding forecast. Armed with a solid proposal for his lender, he was able to get the financing he needed under the SBA's 504 loan program. Construction began in mid-2008, and, just about a year later, the dream this 26-year old had in high school was about to become a reality! On May 16th, 2009, Alex held the grand opening of his brand new, 9000 square foot House of Sound facility. Whether it's customizing an ATV with a ramped-up sound system and snorkels for amphibious adventures, or outfitting a car or truck with high performance wheels, brakes, alternators and a suspension system, his one-stop shop can now take care of it all. House of Sound is now the place Alex envisioned years ago - a full service audio, video, security, custom wheels and vehicle accessories showcase.