Musical Instruments Store
Location Iowa,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $3495816
Net Profit / Cash Flow $425396
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1922
Number of Employees 10 - 19
Inventory 782304
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training The owner is willing to assist the buyer with the transition of operations after sale.
Reason for Sale Retirement.
Description RETAIL: Musical Instruments Store For Sale: This is a multi - location, full line Piano, Key Board and Organ retail business as well as lessons and repairs. The company's steady growth and success can be attributed to the active role of the owner and his staff takes in seeking out prospective customers. Company utilizes aggressive marketing techniques such as setting up large displays at county and state fairs, visiting customers homes, sponsoring parties and special events, contacting music teaches and advertising frequently on radio and TV and newspapers. Current owner nets over $425,000.
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