Great Hobby Biz: Musical Instrument Store! (17901

Asking PriceNot Disclosed

Cash Flow
$29,117
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$499,895

Inventory$65,665
Included in asking price
FF&E$46,960
Included in asking price
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Great Hobby Biz: Musical Instrument Store! (17901


Asking PriceNot Disclosed

Cash Flow
$29,117
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$499,895

Inventory$65,665
Included in asking price
FF&E$46,960
Included in asking price

Seller Financing Available
Business Description
Accepting Offers! Located in a Charming Foothill Community within the Greater Sacramento area of California, the business offers the sale and rental of quality musical instruments, live sound and recording equipment, accessories, and more. The store has a great reputation for their range of specialized products, from acoustic and electric guitars, to amplifiers, effects pedals and keyboards. Bass, drums, electronic pianos, stringed and brass instruments are also available. For added income streams, expand product expansive lines to include Fender & Gibson or start adverts online to maximize local outreach. Music grants are coming in for school programs showing a promising future. Thanks to its convenient whereabouts in a desirable area, more opportunities exist in taking business to the next level through e-commerce, strategic expansions & possible streamlining optimizations. The workplace is a prime retail space that totals 7,000 square feet found inside a shopping center, is surrounded by parking lot, and holds a long-term tenancy; the property is well-conditioned. Having 75% of their inventory owned, the Revenues from 2022 to 2023 were consistently around $500,000! The seller is part of the skilled pairing of two employees. Beyond the standard transitioning, the Seller agrees to stay post-purchase for the new owner to focus on business growth and aggressive marketing as the Seller wants to see the business flourish. Besides a maintained website and some engagement on social media, store promotion relies mostly on community support and customer-orientated business, backed by ongoing referrals.
About the Business
Years in Operation
37
Employees
2
Facilities & Assets
75% of Inventory is Owned. Property measuring 7,000+/- is Leased. Pairing of employees include Owner.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
7,000
About the Sale
Seller Motivation
Of age to retire.
Transition Support
Seller agrees to stay after standard Transitioning for a Buyer-focused business growth.
Financing Options
Negotiable up to 20% for the right buyer.
Listing Info
ID
2103522
Listing Views
1000

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Listing ID: 2103522 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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