Coachella Valley Musical Instruments & Supplies Store For Sale

Business description

Fun and exciting Full Retail, Instruction, and Service Center Music Store, in the Yucca Valley area with an abundance of opportunity. Store sells new and used instruments, and provides music instruction. Store is approximately 2,000 sq. ft. with a favorable lease of only $748 per month. Seller has owned the business and made a nice living for 23 years and is ready to retire. Store comes complete with furniture, fixtures, and equipment of approximately $3,000 and inventory of about $30,000. This is the perfect business for a musically inclined entrepreneur, family, or first-time business owner with an interest in music. There are two private music rooms for instructors and their students, a retail sales portion in the front of the store, as well as an office/storeroom in the back of the building. Customers find a friendly and nurturing environment when they come in. Store is located on the main highway through town with heavy traffic. The retail store sells a variety of instruments, primarily guitars as a Fender dealer, but also wind, string, and percussion instruments, as well as accessories, and sheet music. A new owner could expand into other brands of guitars and also include musical software and keyboards. The new owner should also boost business by visiting MCAGCC in 29 Palms as a contractor (vendor), and visit the shools in the low desert where they have more cash flow for expenditures of musical instruments and repairs, and offer a service in which someone visits the band directors during school session. The vendor would sell accessories to students and offer on the premises minor repairs. Service is everything! Another area of growth for additional income would be if the new owner has the ability to teach classes as the current owner does not teach. However, the new owner does not need to be a music instructor as there are skilled and talented instructors available that could bring in additional revenue.

Property information

Real Estate:

Lease

Lease terms:

$748 per month

Location:

2,000 sq. ft. building

Size in square feet:

2,000

Other information

Support & training:

Seller will provide training

Reasons for selling:

Retirement

Trading hours:

Monday-Saturday

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller will negotiate financing

Furniture / Fixtures value:

$3,000 (included in the asking price)

Inventory / Stock value:

$30,000 (included in the asking price)