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Technology / Music
Location: Spain -> Corralejo
Industry: Media and Communication > Other Media and Communication




Business Summary

We are a computer business for sale in Fuerteventura, Canary Islands. We sell, repair, PCs, laptops. We have an internet section with 6 PCs plus laptop access. We also sell peripherals in the shop (170sq mtrs). We have a music section which sell stringed instruments & used music units (Amps/mixers/peddles/speakers, etc).We have a guitar repair section, which brings in the buyers for strings & other bits. Our basement has a recording studio (160sq mtrs). As well as this we have a franchise for compatible printer inks for all the Canary Islands. We have also been offered a franchise for computers peripherals & branded PCs., due to the fact that we are based in a strategic area in the town, beside the hospital & bus station.

We have been running for 2.5 years, but never had enough cash to maximise our potential. We want someone to take up the baton & run with it. The business will cost you €110,00, with lots of assets & no liabilities. For an extra €50,000 we will leave the recording studio fully digitally equipped, latest Mac software. Full rental for ground floor & basement is €1,280 per month. Customer base is large. We have spent about €150,000 so far, & have a good reputation. The guitar repair guy is an added free asset, he just gets paid for his work by customers, & buys parts from us, he also speaks Spanish, German, English, & Dutch, & can make himself understood in Italian. We have started a magazine to advertise the second music stuff for sale, but too much work with not enough time is causing this to be held up, oh for '8 days a week'. More details, email or ring me, John, at 0034695893230


Financials

Asking Price Range:  < $250K
Gross Revenues:   $115,000
Cash Flow:   $70,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $95,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2006
Number of Employees:  4 - 5
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Need computer tech experience.
Reason For Selling:  Getting old.

Photos

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Technology / Music Photo 1 Technology / Music Photo 2




Print Listing Id: 70098692
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Related Searches: Film  >  Internet Publishers  >  Newspapers  >  Periodicals and Magazine Publishers  >  Printing and Typesetting  >  Telecom and Networking  >  Telephone and Wireless Carriers  >  Television and Radio  >  Other Media and Communication  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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