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Well Established Music Store & Recording Studio
Location: United States -> Florida -> Port Saint Joe
Industry: Retail > Other Retail




Business Summary

Asking Price: ONLY $139,000

A GREAT OPPORTUNITY!

This is a well established retail Musical Instrument Store & Recording Studio. This business also has a very large online store with over 200,000 items and ships worldwide. Internet store receives thousands of hits per day.

Physical store is fully stocked with excellent walk in traffic. The Recording Studio is a staple of the area and stays constantly Booked. As a general rule, Studio can pay all in store fixed expenses.

Building is leased and can be purchased for a greatly reduced price. Lease price is only 1050.00 per month for a large building. (2600 Sq Ft for retail store and 2350 Sq Ft for Recording Studio)

FFE: Over 50K with studio equipment.

Partial Owner Financing is available!

Full 30 Day Training in In Store workings, Internet Sales and SEO. Studio Engineer will remain on if needed, for a percentage of studio intake.
We will also make sure a smooth transition will take place between buyer and all of our suppliers. We buy direct from over 60 Manufacturers and Distributors. Many new lines can be added for extra sales and current owners will assist in negotiations with new and current suppliers.

This business is the only game in town and protected by proprietary sales rights. No other Music Store can open within 40 Miles of this location.

Employees are willing to stay on, as are Teachers for our extensive lesson program. Lesson program also brings in great revenue and extra sales per week. I.T. person will also stay on with the business to keep the online store up to date for a minimal fee per month. (this is another great deal)

If you are looking for a great business with unlimited potential this is for you! Current owners encourage potential buyers to contact them and, or visit the store.

DON'T LET THIS OPPORTUNITY PASS. THE NEW BUYERS WILL ENJOY THE BUSINESS AND WILL SURELY PROFIT WITH A LITTLE CAPITAL INVESTMENT.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $326,000
Cash Flow:   $215,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $59,000
Seller Financing:  Yes

About The Business

Year Established:  2007
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  30 days full training. 60 days internet sales support.
Reason For Selling:  Health-retirment.

Photos

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Well Established Music Store & Recording Studio Photo 1 Well Established Music Store & Recording Studio Photo 2 Well Established Music Store & Recording Studio Photo 3




Print Listing Id: 700192960
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Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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