Premier Music Store Includes Inventory music store 3

Reference ID#: 1283
Industry: Retail
Location: Augusta, GA

Financial Information

Asking Price: $615,000
Annual Receipts: $773,256
Cash Flow: $151,055
Sellers Discretionary Earnings
FF&E: $20,000
Inventory: $250,000
Real Estate Available? No
Value of Real Estate

Business Summary

This full-line music store has a long history of successful operation and is known for their excellent customer service, knowledgeable staff and outstanding selection. Carrying everything from P.A. systems, electric and acoustic guitars and basses to drums and percussion instruments, keyboards and amps, and has a great line of music accessories. Their 4,150 sq. ft. showroom is full of inventory with $250,000 included in the sale. Offering music lessons in all areas of music, instrument rental and repair services, this store strives to meet the needs of all music enthusiasts. Band instrument sales and rentals are a large part of their business and with 25+ high school and middle schools in the surrounding area they are one of the largest band instrument providers. The owners have done an excellent job building the reputation of their store in the music community to be the preferred instrument source for the area, as well as employ a staff of highly trained musicians. Customers just rave about the product knowledge of the staff; it really reflects the many years this store has been around. If you have a passion for music and are looking for your dream opportunity, owning this store is perfect for you!

Facilities

The store is 4,150 sq. ft. with ample parking.

General Information

Franchise: No
Homebased: No
Relocatable: No
Year Established: 2002
Year Acquired: 2002
Number of Employees: 6 P/T

For more information, please contact us at 1 (888) 415-5118.