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Retail Full - Line Music Store
Location: United States -> Virginia -> Lexington
Industry: Retail > Other Retail




Business Summary

I am selling a music store I established in 1983. It includes remodeled real-estate consisting of a main display room finished in aluminum reinforced slatwall, an acoustic room with slatwall, a lesson room and bathroom, and custom-made wooden office furniture. It also includes all the display units and accessories. I raised four children here and worked on average 25 hours a week. The well-respected Washington and Lee University and Virginia Military Institute are in view from the front display windows. There is an active and long-standing lesson program. It is the only music store for miles.
It is located on main street in the mountains of Virginia. I loved coming to work every day. After 39 years, I am retiring. It has been a very rewarding and wonderful business to own. It includes all real estate , inventory, and contents.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $165,000
Cash Flow:   $95,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $150,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1983
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  2-4 weeks and contract as needed
Reason For Selling:  retiring




Print Listing Id: 700377293
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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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