Business For Sale

Famous Mfr. of Electric Guitar Components

Not Disclosed, NV


Asking Price: Annual Revenue:
$2,100,000 $168,000

Manufacturing: Metal Products


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RE: Famous Mfr. of Electric Guitar Components Broker: Michael Cash
License #: B.1001098.CORP, CA DRE# 01955824

Quick Facts

Asking Price: $2,100,000
Annual Revenue: $168,000
Net Profit: $32,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1982
Employees: 3
BBN Listing #: 394254886
Broker Reference #: GuitarMfgCo18

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Business Overview:

This is an internationally-known brand in the electric guitar space. Excellent margins. Rockstar endorsement. Began operations as a contract supplier for major electric guitar manufacturers. Eventually evolved as a separate brand with patented product line. Superb reputation for very high quality. Includes $790,000 in inventory ($5mm retail value!). The electric guitar retail market is estimated to be approximately $2bln by 2020. The business is currently operating only from website sales. Huge expansion/upside opportunities. Would be a great established brand platform for launching new products such as guitars, amplifiers, synth's, electronic devices, etc. Currently operating profitably. Represents a lucrative bolt-on opportunity for almost any musical instrument OEM or private equity group in the musical instrument space.. Asking $2.1mm, includes numerous patents. Call Michael Cash, Benchmark Business Advisors Las Vegas business brokers. 702-281-4751.

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Property Features and Assets:

Located in a 6,000 square feet warehouse/office/shipping facility. Low rent. Includes $790,000 in inventory at cost ($5mm retail value!)

Market Competition and Expansion:

Only 2 other serious competitors. The electric guitar market is expected to be approximately $2bln by 2020. Company has several patented products and a superb global reputation for high quality products. Could also be a perfect platform for new or existing product line.

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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