Well-Established Musical Instrument & Supply Store

Confidential, OH

Asking Price: Annual Revenue:
$2,600,000 $3,261,814

Retail: Non-classifiable

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RE: Well-Established Musical Instrument & Supply Store Broker: Kate Vriner

Quick Facts

Asking Price: $2,600,000
Annual Revenue: $3,261,814
Net Profit: Not Disclosed
Cash Flow: $611,888
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1957
Employees: 25
BBN Listing #: 302050385
Broker Reference #: DAYTOOH001-N532

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Business Overview:

The company is in the music business with a retail showroom specializing in the sale and rental of woodwind, brass and percussion instruments, and sales of related accessories. Additional services include a School Services Department and a full-service Repair Department with woodwind and brass specialists. The company markets through a showroom, website sales of products and outside sales with representatives in our School Services department. The Company’s ability to stay on the leading edge of the fast-moving changes in music technology is the result of our efforts to hire the highest quality people available and dedicate the needed space and products to attract and keep our customers. A commitment has been made to keep our sales staff properly trained and informed through in-store clinics and manufacturer’s training classes. As a specialist in the school band business, they have been able to focus all their expertise in this area and grow the business and reputation through knowledge and selection of product. It is indeed a challenge and a responsibility to be able to service people from so many walks of life with such a variety of musical interests but also most satisfying. The most important initiative is to help teachers recruit more kids to join band and keep those kids playing in band for life. They offer a Rent-To-Own Plan to make it affordable to start and easy to continue. The school representatives market directly to the schools to establish a basis for the company to be selected as the Preferred Music Dealer to help the music teachers through the process of recruiting students, presenting the program to the parents and supplying the new students with instruments and accessories for them to start. The rental agreements are a contractual arrangement with the parents, not the schools.

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Additional Details:

  • The property is owned.
  • 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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