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Music Shop for Sale

Streatham, London, United Kingdom

Financials

Asking price: £1,200,000

Sales revenue: £1m < 5m

Net profit: Undisclosed

Fixtures value: £50,000

Stock value: £250,000

Photograph of this business for sale
 

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

Related website: joanjimblack@hotmail.com


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