- Listing ID: 820994
- (Seller ref: 12838 Vaz)
Musical Instrument Sales Rental & Repair Store For Sale
- Location:
-
- USA
- > North East
- > New York
- > Suffolk County
- > Suffolk County
- Category:
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Summary
- Asking price:
- $595,000
- Sales revenue:
- $589,393
- Cash flow:
- $176,163
- Years established:
- 22
- Employees:
- 5FT
)
Business description
Full Service Musical Instrument business for sale. Established 22 years ago by the current owner, this 4000 sq. ft. business offers new and used musical instrument sales, rental, repair. In addition, they generate revenue from studio rental to music teachers, piano tuning, and accessory sales. This business has generated tremendous good will over the past 22 years. It is the first stop for sales and rental of musical instruments throughout Suffolk County's South Shore and beyond. A long term lease is available as well. In the past 12 months Gross Sales were approx. $609,393.00 with a Net Income of approx. $176,163.00. The sales includes appox. $500K in current inventory. The business is very reasonably priced at $595K. The inventory could be liquidated for nearly that price, but the owner would like to see his employees keep their jobs. He would also like to see his life's work continue on. We are looking for a serious and financially qualified buyer. Be prepared to provide proof of funds.
Other information
- Reasons for selling:
- owner is retiring
- Financing available:
- negotiable
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- USA
- > North East
- > New York
- > Suffolk County
- > Suffolk County
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