Well-Established Musical Instrument Store
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; property is well-conditioned. Having 75% of their inventory owned, the Revenues from 2022 totaled $499,895 with Gross Sales Projections at $532,388 into 2023! 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.
Listing includes Inventory valued at $65,665 and Equipment of $46,960.
Financials (USD)
Asking Price Not Disclosed
Cash Flow $29,117
Sales $499,895
Deal Terms
Represented by broker? Available On Request
Buyer Fee? Available On Request
Seller Financing? Yes
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? No
Management will stay? Yes
Relocatable? No
Real Estate? No
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