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Businesses For Sale   >>   South Dakota Businesses For Sale

Instrument Sales - Repairs - Lessons

Location  South Dakota,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $750000
Net Profit / Cash Flow  $105579
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1959
Number of Employees  10 - 19
Inventory  450000
Relocatable  Yes
Number of Employees  10 - 19
Real Estate  Leased
Training  Two independent contractors and key employees will most likely stay on after the sale. The owner will be available for a reasonable transition period.
Reason for Sale  Approaching Retirement

Description  
Who doesn't appreciate the sound of a well tuned grand piano sounding the notes of Beethoven and Bach? This establishment certainly does, which is why they provide quality musical instruments to this area of South Dakota. Traditional pianos, organs, keyboards and digital pianos as well as guitars, band and orchestra instruments are all available new and used, at incredible discount prices. Upkeep and repair is important for quality instruments so the highly trained staff takes pride in helping customers keep their instruments in peak shape. This fine business also offers piano, organ, brass instruments and vocal lessons as well! This company recognizes that when you purchase an instrument, their job has just begun! The friendly staff and management are proud of the service they give and are happy to help any client find the right instrument or repair instruments. This business has been proudly operating since 1959. The owner runs it in an absentee and hands on fashion enjoying the freedom of flexible business hours. Many of the business's clients are individuals seeking quality instruments, while some are local schools looking to equip the school band. This area of South Dakota, very near the black hill country, is rich and beautiful, a gem of the Midwest. The breakdowns of revenues received are as follows; 35% of revenues are received from services provided for used and new musical instruments and 65% comes from the sales of new and used musical instruments. Over the years this business has become an icon to this area, now selling to 3rd and 4th generation customers. Buyers looking for a profitable business with a rewarding service to provide, look no further. The current owner is facing retirement and hopes to find a new owner to take over. For more details please contact our offices today! Asking Price $845,000.00. Repeat clientele 50%.


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