Seller Financing Available
- Asking Price:
- $550,000
- Gross Income:
- $808,254
- Cash Flow:
- $129,006
- EBITDA:
- N/A
- FF&E:
- $5,000.00 *
- Inventory:
- $300,000.00 *
- Real Estate:
- N/A
- Year Established:
- 80{s
- Employees:
- 6
- Business Types:
- Miscellaneous Retail
Durable Goods
* included in the asking price
Business Description
This is a well established company that offers the sale of quality instruments, rentals to students & schools, retail & wholesale clients. The owner feels there is little competition in this niche business. The owner says: “if he/she had 5 more years to work (80 years old) that he/she would move the store to 6,000 sq ft because at this time the inventory is sandwiched in and that it could be displayed properly. The customers are there. He/she would have the web site set up so that items could be purchased on line. He/she would set up a marketing team to be able to submit proposals to hundreds of schools, colleges, universitys for their musical departments. He/she would computerize the inventory. The business should grow to well over the million/multimillion with this type of ownership. “If you “the buyer” have the desire to purchase a business that needs a new owner to grow the sales to this well over a million “mark” – please do not hesitate to contact us for further information.
Detailed Information
- Financing:
- Seller Participation for Qualified Buyer
- Support/Training:
- As needed for transitional purposes
- Reason Selling:
- Retiring after 30 years