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#Business ID: 12896

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Niche-Music-Retail-Wholesale-Rental-Profitable & Poised For Growth

Business Location: South Of Boston, Plymouth, Massachusetts, United States

Asking Price: $ 250,000 Revenue: $ 808,254 Cash Flow: $ 175,000

[Furniture / Fixtures included]

Business Summary

This is a well established company that offers the sale of quality instruments, rentals to students & schools, retail & wholesale clients. The retail store should be moved to larger space for the purpose of better displaying the inventory. (Seller will participate financially in the move) A youthful new owner should set up the web site with a company store for online purchases. The bookkeeper says she is so frustrated that business walks right out the door - She said someone should develop a marketing team, develop proposals to hundreds of schools, colleges, universities for their musical departments. She exclaims that the inventory needs to be computerized. With these changes she sees the gross sales well into the millions. She would like to stay on to help the new owner directing the business into the millions. If she had the support to buy the business she would.

Property Details

Years Established:

1970

Property Type:

Lease

FF&E:

$ 5,000

Inventory Value:

$ 250,000

Other Business Details

Competition:

No competition for a 60 mile radius to the best of seller's knowledge.

Business Operation Details

Employees:

6

Support & Training:

As needed for transitional purposes

Miscellaneous Details

Financing Available:

Yes
Negotiable on the inventory

Reason For Selling:

Retirement

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