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#Business ID: 10204

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Guitar Manufacturing, Guitar Shop Biz in the Mountains

Business Location: California, United States

Asking Price: BUSINESS SOLD Revenue: $ under 100k Cash Flow: $ 0 to 100k

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

Do you dream of making guitars and earning a living, with an automatic customer-finding system already in place? Would you like to build guitars that are truly unique, that stand out? I have such a business, complete with programmed computer-operated cutting machinery, a couple of patents and trademarks, spraybooth, electronics bench and fretting station, storage, general shop tools and dedicated machinery, shipping station with boxes, a complete set of how-to-play books, online website(s) and a forum, and a well-known name in a guitar niche that's growing worldwide. You could, of course, make pretty much any electric guitar or bass, or acoustic guitars in this 1200 foot, well-insulated shop. Significant parts inventory on hand, and favorable arrangements with vendors both local and offshore for parts, including tuners, bridge parts, electronics, pickups, straps, strings, method books, and more. You could buy the business only, the business and the tools, or the business and the property. Open to discuss lease to buy, with adequate business experience and reasonable security, but prefer to sell, as I wish to retire. Serious buyers only, please.

Property Details

Size:

1200

Years Established:

12

Property Type:

Real

FF&E:

$ 90,000

Inventory Value:

$ 80,000

Other Business Details

Business Location:

Northern California, small town/rural location in the mountains, clean water and clean air, near major transportation routes.

Premise Details:

1200 square foot factory shop with loading dock, two small administrative office. (One could be use for storage/inventory supply.) Separate room for CNC machinery and related tools, well sound-insulated. Building is well insulated, with insulated foot-friendly flooring, and very secure, located on the very edge of a small town with a mountain view.

Competition:

This is a niche guitar business, and we're either number two or number three of the top three makers of this type of guitar. Instruments in this niche sell for $995-$4000, and of the top three makers, our pricing is the most favorable, with several patented advantages to our design as well.

Expansion Potential:

I've been in the process of retiring from this business for a couple of years, and have neglected the marketing, with the result that our sales have slipped. Of course, it can be restored. Our highest months have been around $20,000. The entire operation can be run by one man, or with a single part-time helper if you wish. (Local wage scales are quite low.) Of course, if you're aggressive, there is much more expansion possibility than what I've done.

Living Accommodation?

Yes
There are a couple of ways that the owner could live on the premises. If you buy the property, you can also buy the 1200 foot 3-bedroom house adjacent on the same property. If you buy the business, you can lease the space (and/or living quarters). We'll discuss.

Planning Consent:

No additional planning consents should be required.

Business Operation Details

Employees:

1.5

Trading Hours:

Quite flexible. Most business arrives through our online marketing system, worldwide sales.

Support & Training:

I'm a professional trainer by past experience, and can provide whatever support/training is needed, with our pricing adjusted accordingly.

Relocatable:

Business Relocatable

Miscellaneous Details

Financing Available:

Yes
I would consider some slight owner financing for part of the sales price, especially if the business stays in place and leases the space. Lease to buy on the property might be an option, with significant initial deposit.

Reason For Selling:

I'm retiring from this business.

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