Musical Instrument Rental and Retail Store

Casselberry, FL
Seminole County


Asking Price: Annual Revenue:
$400,000 Not Disclosed

Retail: Non-classifiable


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RE: Musical Instrument Rental and Retail Store Broker: Leora Poplawsky

Quick Facts

Asking Price: $400,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 41
Employees: 4
BBN Listing #: 495945422
Broker Reference #: 409-02281

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Business Overview:

Well established music rental and retail store that has been providing instruments and accessories to Central Florida since 1981.

They service 35 schools mainly in Orange and Seminole county. Their instrument rental program has competitive prices. Their inventory is comprised of approximately 1,200 instruments valued at over $600,000 of which the majority is rented out but includes at least $170,000 of instruments in stock.

Their instrument stock includes the entire gamut of instruments in a band: from cellos, clarinets, trumpets, French horns, Oboes, saxophone, violins, violas flutes to a Piano Yamaha Grand and Drums.

Beautifully laid out store of 2,000 square feet, in addition to instrument rentals and sales, the store provides a comprehensive collection of solo and Ensemble music and accessories required for the maintenance and storage of instruments. They also have a room where they sanitize the instruments.

Priced as an asset sale due to the pandemic, where for two years there were no school bands and no new instrument rentals.

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Property Features and Assets:

Located in a strip mall in Casselberry. Comprised of 2,000 square feet, this store is beautifully laid out with a show room, sanitation room and storage of inventory. They pay $3,850 a month in rent and their lease (triple net) expires July 31, 2023.

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.

Relevant Links:

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