- Advert ID: 701609
- (Seller ref: 5278)
Retail Music Store For Sale
- Location:
-
- United States
- > Mid West
- > Iowa
- > Des Moines
- > Des Moines
- Category:
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Summary
- Asking price:
- $75,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $183,020
- Net profit:
- $11,571
- Years established:
- 1922
- Employees:
- 3PT
- Relocatable:
- This business can be relocated.
Business description
RETAIL: Music Store: This well established business is devoted exclusively to its marketing niche and one of the few establishments in the Midwest that offers service and expertise in this specialized segment of the music industry. There are 500 (of the 2,000) active dedicated customers. This firm also engages in web – based sales. There is no debt. It’s only payables are to wholesalers and the usual operating expenses of salaries (3 part time employees), rent, utilities, etc. With reasonable advertising and marketing efforts revenues of this lifestyle business could be increased. Customers regularly compliment this firm on its outstanding service and comment they wished they were a source for musical instruments. Located in busy Iowa City.
Property information
- Real Estate:
- Lease
- Lease terms:
- Lease Amount: $2,970 per month
Other information
- Support & training:
- Current owner will train on operation, inventory purchases and marketing
- Reasons for selling:
- Relocating
- Financing available:
- Seller prefers outright, but will consider with down payment and a qualified buyer.
- Furniture / Fixtures value:
- $25,237 (included in the asking price)
- Inventory / Stock value:
- $70,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- United States
- > Mid West
- > Iowa
- > Des Moines
- > Des Moines
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