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New and Used Musical Instruments, Gear and More

Davenport, Iowa (Scott County)

Retail - General Merchandise Stores | Retail - Miscellaneous Retail

$Seller Financing Available

Asking Price $330,000 Inventory $81,000* 
Gross Income $495,000 Real Estate  
Cash Flow Not Disclosed Year Established 1998
FF&E $7,000* Employees 3

* included in the asking price

** not included in the asking price

Music Go Round Davenport is more than just a retail business. This store is an integral part of the Quad-Cities Music Community. Many of it's customers are like family. Over the years this store has strived for and obtained a reputation for honesty and fairness which has resulted in a strong and loyal customer base. This store takes pride in the knowing they've helped so many young musicians get started on the right path. Unlike most other retail businesses, the rewards of owning this business go beyond just money. The seller pledges to make the transition to a new buyer as smooth as possible so the Music Go Round Davenport location can continue to thrive within the Quad-Cities Music Community.

Facilities: Approximately 3,400 square feet. Located on the busiest east/west street in Davenport just 3 blocks from Northpark Mall. Very easy to get to.

Competition: Two competitors have recently closed their doors yet this store thrives because it's established itself as THE used instrument store.

Growth/Expansion: The internet continues to be the best potential source of growth for this location. Additional product sales can be driven through local marketing via as well as nationally with other Music Go Round retailers across the US.

Seller Financing Available: Yes

Financing: Depending on qualifications and circumstances of the buyer.

Support/Training: Seller will stay on during transiton. Franchisor training upon transfer. No retail experience necessary. Additional investment in inventory or working capital may be required by franchisor. On-Going training and support includes advertising, merchandising, financial analysis, inventory management and more!

Reason Selling: Health issues in family and persuing other interests.

Business For Sale By

Pete First

800-842-4361

Winmark Corporation

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