Seller's Contact Information
- RE: Music & Musical Instrument Retailer
- Contact: Alan W Tronson
Quick Facts
Asking Price: | $0 | |
Annual Revenue: | $1,465,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $258,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 634127202 | |
Broker Reference #: | 1061 |
Business Overview:
This Company is a full-line retail music store, selling musical instruments & accessories, sheet and digital music, amplification and sound reinforcement equipment, repair parts and repairs for instruments and equipment, and offering musical instruction and short-term instrument rentals.
In continuous operation for 65 years, this Company is a dominant and iconic brand in its home city and the surrounding region, with an established reputation for expertise in all types of musical instruments and amplification systems.
The Company enjoys an absence of full-scale local competition. Its long history, excellent brand recognition and reputation, and deep integration with local music institutions, schools, and venues present a formidable barrier to any new entrants or aspiring competition in its core geographic market.
With a sterling reputation, enviable market position, and clearly defined opportunities for further growth, this is an acquisition prospect that merits further investigation.
INVESTMENT HIGHLIGHTS:
--> Dominant share of local market; powerful local branding
--> New owner will assume a leading role in a diverse and energetic music and arts community
--> Outstanding lifestyle location: a safe and vibrant “mountain home” community with four-season recreational, sporting, and cultural amenities
--> Proved resilience: Company has achieved its best years in history after the 2020 Covid downturn
--> Exceptionally strong return on invested capital
GROWTH OPPORTUNITIES:
--> Estimated 80% growth from expansion into nearby city with no significant retail competition
--> Estimated 30% growth from exploiting untapped potential in online and social media marketing
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Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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