Music Store - Boutique Fretted Instrument Shop
Location Colorado,United States
Asking Price Range $250K - $500K
Gross Revenues $290000
Net Profit / Cash Flow $50000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1989
Number of Employees 6 - 9
Inventory 100000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Owner will provide as long as required-daily for a short time and consulting for up to 1 year. The owner is very concerned that his customers are well taken care of and wants to make the transition as seamless as possible.
Reason for Sale Retirement.
Description Great Business Opportunity for someone who appreciates the music business. Several exclusive guitar lines with sales, service and lessons and repair. Well established customer and vendor base. Business includes all furniture, fixtures and equipment and a chance to buy the real estate as well.
Facilities: Furniture, fixtures and equipment. Own building which can be leased or purchased
Competition: Big box stores are not really competition, since they generally hire kids who do not have the knowledge or experience to adequately help buyers. The staff of this store consists of professional musicians who love the business and relish in helping satisfy the neophyte as well as the most discriminating customers.
Growth/Expansion: The store is located in the primary shopping district with heavy foot and car traffic in which the City has designated as a transit-oriented redevelopment area as well future Performing Arts Center.
Financing: Submit
Support/Training: Owner will provide as long as required-daily for a short time and consulting for up to 1 year. The owner is very concerned that his customers are well taken care of and wants to make the transition as seamless as possible.
Reason Selling: Retirement.
Contact for more information on this Music Store for sale.
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