Low Country Music Store
www.GlobalBX.com
Listing ID:
700350885
Listing Title:
Low Country Music Store
Quick Link:
http://www.globalbx.com/listing.asp?bId=350885
Industry:
Retail
Industry Segment:
Other Retail
Country:
United States
State / Province:
Georgia
Area
City:
Asking Price Range:
$500K - $1.0M
Gross Revenues:
$380,000
Cash Flow:
$146,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2020
Number of Employees:
1 - 3
Business Description:
Profitable Legacy Music Store
Established music store featuring 6 private lesson rooms, excellent floor space, and a prime location. Considering minimal competition, fun friendly staff and reputation, and ample space for store front growth, this is the perfect business to enjoy operating and watch grow.
In 2011, this business was started by a young entreprenurial and music loving owner. Building a brand centered around quality, business, and music loving, this business has grown to thrive in the low country market growing in revenues, earnings, and reputation each year. The business uses its facility effectively offering private lessons, instrument and accessory retail, instruments and amplifier repairs, and band instrument rentals. The well known and established music store maintains a small and collective atmosphere that the clientele love and appreciate.
In the Music Store industry, there are a small number of stores within 50 miles. Most competition is not in a direct geographical competition other than one large guitar store, since this business caters just as much to a smaller feel, while producing consistent growth in revenues and clientele, this business has room to expand to additional locations and take over some soon-to-retire shops in the Savannah area as well.
There is room for tremendous growth for this business. Whether the new owner would like to continue to maximize the space in the current location, or use the strong name and foundation to open additional locations, this business has experienced growth each year since opening and with the right ownership is expected to continue on the steep growth curve!
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