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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.
Exclusive territory. #1 Industry leader since 2001. 100% financing for U.S. citizens who qualify* plus software package with complete training. $100K 1st year profit potential. National alliances...
Provide excellent service and save your clients headaches by providing all their work area needs. It’s the mission of this franchise to provide reliable dumpster rental and waste removal services for both residential and commercial customers working on all kinds of projects. A roll-off dumpster saves your clients time and money over taking frequent trips to the landfill. Whether a homeowner embarking on their first renovation or a seasoned roofing contractor searching for a better option, this business has the clean and efficient solutions they need to keep their time-sensitive projects on track. The only thing more valuable than the variety of dumpsters this company offers is the convenience and customer service delivered with them.
Did you know you could partner with a company to build out your entire e-commerce store, from product research to inventory acquisition to marketing? Yep! You can easily make 6-7 figures in passive income when we build your e-commerce empire and money-making machine from the ground up! All it takes is an upfront investment, and our team will do the rest. By this time next year, you could be sitting on a 7 figure empire. Learn more now!
One-on-one event consultingFlexible room set-upsFresh-crafted menu optionsExtensive Wi-Fi and AV capabilitiesOutdoor space with fire pit, lounge areaand string lightsTrained staffGames available
Molly Maid, a Neighborly company, is the nation's leading residential and commercial cleaning services franchise. With us, you'll get a polished approach to business ownership!
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