NOT DISCLOSED, Pennsylvania
| Asking Price |
$1,375,000 |
Year Established |
2004 |
|
| Annual Revenue |
$1,640,591 |
Reason for Selling |
A partner is retiring |
|
| Annual P/L |
$419,009 |
Attention |
Robert Young |
|
| Annual Cash Flow |
$0 |
Listing Number |
1020256 |
|
| # of Employees |
1 |
Business Category |
Retail: E-Commerce, Retail Websites |
|
Business Overview:
Established 22-year-old company that designs and sells USA-made products that solve pain points for two niche markets:
1) School music programs and other institutional clients
2) Consumer market of guitar owners - including collectors, pro musicians, and music studios
The company enjoys strong brand reputation and is well-recognized for quality, reliability and outstanding customer service.
This opportunity offers you an attractive lifestyle business, or acquisition platform, depending on your investment goals.
The school product line accounts for about 65% of sales. Schools buy through a robust and well-established network of musical instrument dealers, or directly via purchase orders. A high percentage place repeat orders, establishing recurring revenue streams.
The consumer (guitar-centric) line sells mostly online, through the company's own websites and on Amazon, eBay, Etsy and more, though a fair amount stem from dealer sales as well. The two lines peak in different seasons, helping to normalize your sales and your cashflow throughout the year.
About two-thirds of sales come through a national network of more than 100 active dealers, including several of the largest musical instrument retailers in the USA and Canada.
More than half of all orders are repeat orders, and the average order is just over $1,000.
All products are designed in-house and built by three U.S.A. contract woodworking shops, two of them long-standing partners.
The company owns no factory, equipment, or real estate. It is run from home offices by a small part-time team, supported by freelancers, so you could relocate the business anywhere.
A partner is retiring, and the seller will provide training and transition support.
Property Features and Assets:
Market Competition and Expansion:
<p>The company operates in two specialized niche markets, competing with larger musical instrument manufacturers and smaller specialty product providers. Its USA-made products, innovative designs, strong brand reputation, and 22-year operating history help differentiate the business from competitors. An established network of 100+ dealers and a loyal customer base provide a solid competitive advantage.</p><p>Significant growth opportunities exist through expanding the dealer network, increasing sales to schools and institutional customers, and strengthening online sales through Amazon and other eCommerce channels. Additional opportunities include introducing complementary products, expanding digital marketing efforts, and entering new geographic markets. The company's scalable outsourced manufacturing model allows for continued growth without significant capital investment.</p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity