Business for Sale Overview:
Our client is the owner of a music store specializing in retail sales, rental and repair of all types of musical instruments. Founded in 1959, the business has succeeded with its ability to be a consistent source of instruments for the local schools and Westchester customer base. The business has a tremendous assortment of new and used instruments, sheet music, books and other accessories for its customers. The store also offers music lessons for those desiring to learn how to play a specific instrument. Situated on a busy road, the store has been a mainstay in the community since it first appeared on the scene. With little competition, repeat sales, huge referral and community base, a new owner will find continued success with the store, and strong growth potential by means of initiating a company website and online sales. The asking price for the business is $150,000.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The lease is a 5 plus 5 at $1,394 per month. All equipment, furnishings, inventory will be included in the sale of the business.
Market Competition and Expansion:
There are two other similar businesses but do not have the reputation of the subject business.
Reason for Selling:
Retirement.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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