Music Store in Nassau County, NY - 30393

Not Disclosed, NY
Nassau County


Asking Price: Annual Revenue:
$800,000 $2,000,000

Services: Education & Training


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RE: Music Store in Nassau County, NY - 30393 Broker:

Quick Facts

Asking Price: $800,000
Annual Revenue: $2,000,000
Net Profit: Not Disclosed
Cash Flow: $225,000
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 11
BBN Listing #: 36314447
Broker Reference #: 30393

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Business Overview:

Niche, branded-name music store for sale, providing the public and schools with musical instruments! A buyer can go to lots of schools. This 5,000 square feet store has a repair department and full showroom, as well as several separate rooms for music lessons. They currently have over 2000 instruments out for rental. Note - buyer will also need dollar for dollar for inventory, which can be as high as $750,000, additionally. This deal may be able to be financed. Contact broker Jim Aloi for details. Super location, good lease and great rent. This place is super profitable. Seller will fully train, with full staff already in place. Established over 30 years with a fabulous reputation. Contact us today.

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Reason for Selling:

personal

Additional Details:

  • The property is leased.
  • The owner is not 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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