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Advert Details
Large London Based Music Shop for Sale
Streatham, United Kingdom
Financials
Asking price: £1,200,000
Sales revenue: £1m < 5m
Net profit: Undisclosed
Fixtures value: £50,000
Stock value: £250,000
Business description
London based large F/H premises with room for expansion/celler recording studio, space for large flat Two very large flats over with 69yr leases left to run/Large and varied amount of stock ie: Guitars, recording equiptment, drums,keyboards etc.
Years established: 30
Employees: 8
Trading hours: 10am-6pm Mon-Sat
Property: Freehold
Living accomodation
Possible 2 bed/large lounge/bathroom/kitchen room for expansion,central heating and wiring carried out but needs bathroom and kitchen units fitted.
Location
Prime high street location
Expansion potential
Unlimited expansion potential with enough working capital and dedicated management
Competition / Market
Normal competition
Support & training
Manager will stay with new owner for an agreed period
Reasons for selling
Due to illness/ also at 70 years of age travelling is difficult as we live in Nr Ireland


