Low Country Music Store

Not Disclosed, GA
Chatham County


Asking Price: Annual Revenue:
$509,885 $380,000

Retail: Non-classifiable


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RE: Low Country Music Store Broker: David Johnson

Quick Facts

Asking Price: $509,885
Annual Revenue: $380,000
Net Profit: Not Disclosed
Cash Flow: $146,000
Total Debt: Not Disclosed
FF&E: $17,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 638752907
Broker Reference #: 57971-578034

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Business Overview:

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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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.

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