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Well-Established Musical Instrument & Supply Store For Sale

Ohio, US
Asking Price:
$3,000,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,261,814 (USD)
Cash Flow:
$611,888 (USD)

The company is in the music business with a retail showroom specializing in the sale and rental of woodwind, brass and percussion instruments, and sales of related accessories. Additional services include a School Services Department and a full-service Repair Department with woodwind and brass specialists. The company markets through a showroom, website sales of products and outside sales with representatives in our School Services department.

The Company’s ability to stay on the leading edge of the fast-moving changes in music technology is the result of our efforts to hire the highest quality people available and dedicate the needed space and products to attract and keep our customers. A commitment has been made to keep our sales staff properly trained and informed through in-store clinics and manufacturer’s training classes.

As a specialist in the school band business, they have been able to focus all their expertise in this area and grow the business and reputation through knowledge and selection of product. It is indeed a challenge and a responsibility to be able to service people from so many walks of life with such a variety of musical interests but also most satisfying. The most important initiative is to help teachers recruit more kids to join band and keep those kids playing in band for life. They offer a Rent-To-Own Plan to make it affordable to start and easy to continue. The school representatives market directly to the schools to establish a basis for the company to be selected as the Preferred Music Dealer to help the music teachers through the process of recruiting students, presenting the program to the parents and supplying the new students with instruments and accessories for them to start. The rental agreements are a contractual arrangement with the parents, not the schools.

Property Information

Premises Details:

N/A

Size in square feet:
5340 sq ft

Business Operation

Employees:
Full Time: 17, Part Time: 8
Years established:
63

Other Information

Financing available:

The seller is willing to offer a seller note depending on the strength of the buyer.

Contact Information

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