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Sunbelt of Durham

Established Musical Instrument Franchise With $150k Inventory For Sale

Greensboro, North Carolina, US
Asking Price:
$275,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$965,542
Cash Flow:
$123,715

Imagine owning a thriving used musical instrument store right in the heart of Central NC. This business has become synonymous with quality, boasting a loyal clientele drawn in by our top-notch products, stellar customer service, and inviting atmosphere. And guess what? They're already a hit online, with a website that's as smooth as a finely tuned guitar riff, bringing in instant profits and earning the stamp of approval from the SBA and 2 banks. NOT INLCUDED in asking price: approximate value of inventory is typically $150,000 and exact value will be determined at closing.

But here's the real kicker: you don't have to be tied down to the store 24/7. As a semi-owner absentee business, you'll have the freedom to let your investment grow while still enjoying the fruits of your labor. And with our turnkey setup, you'll be up and running in no time, ready to rock the business world like a pro.

But that's not all. We're not content to just rest on our laurels. We've got big plans for the future, including expanding our hours to Sundays, delving into the lucrative world of band equipment sales, and ramping up our online presence even further. The stage is set for growth, and we want you to be front and center.

So if you're ready to turn your passion for music into a profitable business venture, now's the time to take the leap. Reach out to Aliyah Brandon at [email protected] -- ---- --- - ---- -- (---) -------- -- ----- ---- ----- ---- -------- -----------. ---'- ---- ---- --------- ----- --------!
Real Estate Available: Yes
Real Estate Included: No

Detailed Information:
Lender Prequalified: Yes
SBA Prequalified: Yes
Rent: $5,220.00
Owner worked hours per week: 20
Is Going Concern: Yes
Market Competition: Only store in a five-mile radius

Property Information

Size in square feet:
3,500

Business Operation

Reasons for selling:

Ready to spend more time with family

Employees:
Full Time: 3, Part Time: 1
Years established:
27

Franchise Information

Franchise opportunity:

Yes

Other Information

Support & training:

Seller training TBD and Franchise Training Provided

Financing available:

Downpayment Required: $42,500.00
Financing is available

Furniture / Fixtures value:
$10,000 - included in the asking price
Inventory / Stock value:
$150,000 - included in the asking price