Music Gear Company

Summit County, OH (Relocatable)

Seller Financing Available
Music Gear Company

Asking Price:$25,000

Cash Flow:$6,500

Gross Revenue:$45,000

EBITDA:$6,500

FF&E:$1,500

Inventory:$7,000

Rate/Sq. Ft.:$6.00

Established:2013

Music Gear Company

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Business Description

Successful online guitar sales, local repair and educational workshop company. Comes with all inventory and tools required to operate.

Three revenue streams:

Local guitar repairs: Set ups, fret work, electronics, etc.

Online guitar parts sales: eBay and Reverb seller accounts (will transfer to new owner with great reviews built up). Mainly sell necks but also do clone tube amplifier kits and assembled clone tube amplifiers. Also build custom guitars.

On site educational workshops: Courses on how to build your own guitar and amplifiers.

Business comes with many of the top guitar part dealer accounts from around the world. Great relationships and knowledge will be passed on to new owner!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
400
Lease Expiration:
9/29/2017
Employees:
0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All tools needed to perform repairs and hold workshops come with the business. Also all current inventory comes with the business as well.
Competition:
A few local repair competitors but little overall competition.
Growth & Expansion:
Medium capital requirements to acquire inventory but not enough needed to get a bank loan. Many expansion opportunities available if time is allocated to it. Great growth potential!
Support & Training:
Support and training will be included for as long as needed.
Reason for Selling:
Focus on other business, not enough time to properly grow company.

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Business Listed By:
Adam Jurica

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