Business For Sale Listing 158320
Musical Instruments-Retailer, Repairs and Lessons
Status as of Jan-6-2009 at 05:59 PM: Active
Business Summary
Musical Instruments-Retailer, Repairs and Lessons-Specialty Niche
This very well regarded music company has served a diverse clientele for over 40 years. Over time their customer base has expanded from a local focus, to a west coast orientation then a national and finally an international collection of happy customers.
They have carved out a unique and strategic niche within the music industry which allows them to leverage their high level of product knowledge with a more and more geographically diverse customer base.
The company retails musical instruments, offers repairs and also provides lesson and teaching programs for all levels of enthusiasts. They are members of one of the most prestigious music industry buying and marketing groups.
Current ownership has developed a very well conceived website which offers a shopping basket and provides order capability both domestically and outside the US. The website also sports an extensive recap of many, many customer testimonials received over the years.
The southern California based firm is based in an expansive 5000 sq ft retail location currently on a month to month leasing situation, however the landlord would entertain a long term lease extension should the new ownership desire. The headquarters is open 7 days a week and is staffed by six full time associates.
Sales: $1,500,000
Inventory Included in Purchase Price: $130,000
Seller’s Discretionary Cash Flow: $130,000
Asking: $599,990
Disclaimer: The information above was furnished by the seller. Neither the broker nor its agents have verified the information and make no representations as to its accuracy or reliability.
Categories
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million (1,500,000) |
| Profits: |
Between $100 Thousand and $500 Thousand (130,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $500 Thousand and $1 Million (599,990) |
