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Well - Established, Full Service Music Store
Location: United States -> Georgia
Industry: Retail > Other Retail




Business Summary

Well-established full service music store, focusing on the sale of musical instruments and accessories, music lessons, and musical instrument repairs. Currently has a full roster of students with a waiting list, and knowledgeable music instructors, many of whom have been with the company since it opened.

Well-known in the community with a loyal clientele; pull in clients from a wide range of surrounding areas; known for excellent customer service and the ability to locate a variety
Well-known in the community with a loyal clientele; pull in clients from surrounding areas; known for excellent customer service and the ability to locate a wide variety of items for customers; clean, well-stocked store; knowledgeable music instructors; industry contacts and established vendor relationships.
This shop has great potential for expansion.
Well-known in the community with a loyal clientele; pull in clients from areas beyond Canton; known for excellent customer service and the ability to locate a wide variety of items for customers; clean, well-stocked store; knowledgeable music instructors; industry contacts and established vendor relationships.
The shop has much potential for expansion. We currently have a waiting list for music lessons, and adding lesson rooms and instructors would increase revenue. More floor space in the showroom would allow for additional products to be offered. We currently have a middle school across the street, and a new high school is scheduled to be built within walking distance in the next year or so. There are condos, apartments, and subdivisions in the immediate area currently under construction. There will also be a water park, lagoon, amphitheater, corporate event venue, and tourist attraction built down the street. This area is booming right now, so traffic will increase over the next few years.
2,000 SF shop, well-insulated, with 5 lesson rooms, a seating area for parents, restrooms, a repair shop, an office, and a showroom for the pr


Financials

Asking Price Range:  < $250K
Gross Revenues:   $322,000
Cash Flow:   $40,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $42,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2013
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: 700370019
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Also See: Franchise Opportunities > Franchise Resales > Georgia Businesses For Sale > Georgia Franchises For Sale > Georgia Business Brokers



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