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Great Location Fill Service Music Center
Location: United States -> Virginia
Industry: Retail > Other Retail




Business Summary

Successful 10-Year Old Music Store! Authorized dealer for the following brands: FENDER, SELMER, ROLAND, MARSHALL, LUDWIG, D'ADDARIO, GUILD, WASHBURN, ARMSTRONG, and many more...

This full service Music Store offers in-store and on-line music lessons, workshops, instrument rentals, instrument/equipment sales and service at competitive prices. Store specializes in quality brass and reed instruments, an excellent assortment of guitars, general music supplies and the widest selection of ukuleles in the area.
The store opened in December 2010, recognized four times by the National Association of Music Merchants (NAMM) as one of the ''Top 100 Music Stores'' in the country and ''Best Emerging Dealer'' in 2012. Their focus has always been on providing ''players'' with personalized attention and high quality instruments at competitive prices.
Competitive Overview There are several music stores within a 30 mile range but this store differentiates itself by having close relationships with local bands, high schools/college programs. Sales could be increased by offering more on-line sales and services, and by expanding social media marketing.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $340,000
Cash Flow:   $40,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $350,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2010
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  retiring




Print Listing Id: 700349058
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Also See: Franchise Opportunities > Franchise Resales > Virginia Businesses For Sale > Virginia Franchises For Sale > Virginia Business Brokers



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