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Musical Instrument Parts And Repairs
Location: United States -> Wisconsin -> Walworth County
Industry: Retail > Other Retail

Business Summary

This listing is for a well-established, profitable musical instrument repair business located in southeast Wisconsin that is available to a qualified buyer. For over 30 years, this business has specialized in the repair and parts for a wide variety of musical instruments. This business features essentially four departments that operate under a single company all working in concert with each other. The first and primary focus, is the repair and refurbishment of old and/or broken instruments and making them just like new. The second department is for plating. They have several plating tanks for silver, gold, nickel and chrome. These tanks allow the products to have a customizable appearance and look like new. In addition, the third aspect of the business is their vast catalog of necessary parts, proper tools and equipment for brass and woodwinds as well as a large selection of cases for all instruments. Finally, the last part of the business is their vocational education. The business offers courses on musical instrument repair for students looking to get into the industry or those that just want to learn how to fix and upgrade instruments. They have an outstanding reputation in their marketplace and have a large base of loyal customers. This business offers a buyer a six-figure income with over $1,000,000 in asset value to be transferred with the sale of the business. This includes their real estate which is valued at $330,000. Their business was greatly affected by the COVID shutdown in 2020 and is still experiencing difficulty with continued shutdowns. If you would like more information about this business opportunity, or if you would like to schedule a site visit, please contact the agent either by phone or online. Online inquiries will be replied to with an email from an address with an NDA attached. These can sometimes get filtered into junk/spam folders. Asking Price: $1,950,000


Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $413,970
Cash Flow:   $67,845
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $1,075,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1986
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Owner will train the buyer for 4 weeks
Reason For Selling:  Retirement/Will stay on for 1-3 years if necessary

Print Listing Id: 700364936
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