584774-BK Great Location Full Service Music Center

Not Disclosed, VA


Asking Price: Annual Revenue:
$199,000 $340,000

Retail: Non-classifiable


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RE: 584774-BK Great Location Full Service Music Center Broker: Bill Kelly

Quick Facts

Asking Price: $199,000
Annual Revenue: $340,000
Net Profit: Not Disclosed
Cash Flow: $40,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 2
BBN Listing #: 238743891
Broker Reference #: 9525-584774

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Business Overview:

Successful 10-Year Old Music Store! Authorized dealer for the following brands: FENDER, SELMER, ROLAND, MARSHALL, LUDWIG, D'ADDARIO, GUILD, WASHBURN, ARMSTRONG, and many more...

This full service Music Store offers in-store and on-line music lessons, workshops, instrument rentals, instrument/equipment sales and service at competitive prices. Store specializes in quality brass and reed instruments, an excellent assortment of guitars, general music supplies and the widest selection of ukuleles in the area.

The store opened in December 2010, recognized four times by the National Association of Music Merchants (NAMM) as one of the “Top 100 Music Stores” in the country and “Best Emerging Dealer” in 2012. Their focus has always been on providing "players" with personalized attention and high quality instruments at competitive prices.

Competitive Overview: There are several music stores within a 30 mile range but this store differentiates itself by having close relationships with local bands, high schools/college programs. Sales could be increased by offering more on-line sales and services, and by expanding social media marketing.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retiring

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.

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