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For over 25 years, this neighborhood music store has provided lessons, rental instruments, and offered a full line of music gear for beginners to professional musicians in Northern Virginia.The Covid Lockdowns and extended school closures severely impacted this brick-and-mortar business's bottom line. Debt financing impacted profitability. Today, despite over $1M in gross sales, the business is not profitable due to the high cost of servicing the debt.This may seem bleak to the novice, but to the savvy investor, this is a great opportunity: The new owner takes a deep discount by either paying off, or assuming a low interest, 30-year, SBA loan plus closing costs and fees. The seller in return discharges all personally guaranteed debt. Now the business is cash flow positive, and the business is back in the black with monthly finance payments that are a fraction of one percent of sales.This business has been working with area schools for many years and offers students a full line of name brands including Strobel, Eastman Back, Yamaha, and Jupiter. The store has a variety of music teachers as well as repair specialists on staff, many of whom have been with the company from the start.For intermediate and professional musicians, the store carries a wide array of name brand guitars, keyboards, percussion, amplifiers, PA gear, and all the accessories needed to perform live.The business has an excellent POS system that tracts rentals, lessons, equipment, and instrument sales. It can provide accurate sales tax and inventory reports, and outputs to QuickBooks for accounting. An outside CPA firm provides quarterly reconciliation, payroll, and tax preparation.The Seller would like to stay on as part-time employee making less than $22,000 due to Social Security benefit restrictions.
$10M in physical assets included with great staff!50-year Heavy Equipment Sales/Rental/Service - $1.7M adj EBIITAIndependent very profitable 50 year old Heavy Equipment sales and rental business. Many years of building a brand and reputation have brought great pride and owner is looking for the next leader. This business' customer base has appreciated unparalleled support helping their customers' operations attain uptime and efficiency goals. Staff in place in addition to owner's willingness to help with transition.Real Estate included with all Equipment and Assets.
Established Event Business for Sale. Wedding and event rental for central and southern Colorado, based in the Heart of the Rockies... Salida, Colo.! Sale includes equipment, furniture, and vehicles to support the seamless functioning of this thriving business. Settings has successfully provided the community with all wedding rental, tent rental, event rental, party rental, and festival rental needs for Salida, Mt. Princeton, Buena Vista, Heart of the Rockies, Chaffee County, Canon City, Poncha Springs, Leadville, Fairplay, Alamosa, Crestone, South Fork, Creede, Lake City, Gunnison, Taylor Park and Crested Butte. The event company is currently located in Poncha Springs and the continued lease of the property can be negotiated with the purchase. Call today for an NDA for more information and details.
Are you looking for a profitable business opportunity in the sales and service of small industrial equipment and supplies? Look no further as this well-established, profitable business has two locations servicing a very loyal customer base within Washington state. This turnkey business is ready for a new owner as the current owner is ready to retire.This business has built a strong reputation for providing top-of-the-line equipment that is built to last. The expert service and support provided by the business ensure that customers receive the best possible experience from purchase to maintenance. As a result, the business has generated consistent six-figure discretionary earnings for the owner year over year.This is a rare opportunity to take over a profitable business with significant growth potential. The demand for these types of products and services is high, making it an attractive option for any aspiring entrepreneur. With a strong reputation and loyal customer base, this business is poised for continued success.Don't miss out on the chance to own or expand your business by acquisition in the profitable equipment and supplies industry. Contact us today to learn more about this turnkey business.
Company provides residents and visitors to the resort destination of Hilton Head Island with bicycle rentals, service and parts and accessories along with rental of additional vacation needs. It has top ratings from the various user comment services such as Trip Advisor, Yelp, Google, etc.
Are you in business already, looking to increase your portfolio and customer base at a reasonable price? Grow your company with this acquisition!Or, are you a new entrepreneur looking to start a business from the ground floor with an already customer base established?This party rental business in Wayne County has been in business for 25 years and provides high quality experiences. The owner is ready give an enthusiastic business person the opportunity to take it to new heights. Getting into this industry can open doors you can only imagine.The area of business this includes is Event Planning, Weddings, Graduations, Birthday Parties, Corporate events, and whatever your mind can imagine.Package includes company Name, all equipment, Company phone number, and client list.Good possibility this listing will not last long at this price.
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