Music store with huge inventory, quality instructors and long history

Asking Price$975,000

Cash Flow
$74,461
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$308,747

Inventory$200,000
Included in asking price
FF&E$120,000
Included in asking price
Real Estate$700,000
Included in asking price
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Music store with huge inventory, quality instructors and long history


Asking Price$975,000

Cash Flow
$74,461
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$308,747

Inventory$200,000
Included in asking price
FF&E$120,000
Included in asking price
Real Estate$700,000
Included in asking price
Business Description
Musicians dream...every imaginable instrument to play, all manner of accessories to add, sheet music for days and no landlord. Buy this iconic music store including the ~$200k in inventory and the $700,000 building with a blended 25 year SBA loan then continue the legacy. Direct to manufacturer relationships with Fender, Peavey, Casio and others provide a sustainable source of resale products. A roster of talented musicians as instructors, including a few well known legends, create an outstanding opportunity to offer lessons and repairs as the new owner thereby leveraging the multiple decade-long reputation for excellence throughout Oregon and California.
About the Business
Facilities & Assets
Ideally located on major road with great visibility. Location available under NDA
Market Outlook / Competition
Available under NDA.
Opportunities for Growth
Available under NDA.
Real Estate
Owned or Leased
Owned
Included in asking price
About the Sale
Seller Motivation
Retirement
Transition Support
4 weeks at 20 hours.
Listing Info
ID
2407158
Listing Views
22

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Business Listed by: Raymond P Dowd PNW Business Brokers, LLC

Listing ID: 2407158 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.