Purchase Long Standing Music Supply Shop with Over 30 Years of History

South East

Purchase Long Standing Music Supply Shop with Over 30 Years of History

Asking Price:$179,000

Cash Flow:$85,000

Gross Revenue:$650,000

EBITDA:N/A

FF&E:$11,955

Inventory:$20,000

Established:1989

Purchase Long Standing Music Supply Shop with Over 30 Years of History

Get Financing Save Print Share Valuation Report

Business Description

PURCHASE THIS MUSIC SUPPLY SHOP WITH OVER 30 YEARS OF SERVICE TO THE LOCAL COMMUNITY

Established by the Current Owner in 1989, this well-established Christian leaning retail shop has 30+ years of experience. Noticing a demand for local Christian bookstores to have access to printed music, this shop opened for business in 1989. They provide a friendly, caring, and personal environment for music directors to acquire their music at a reasonable price. They carry Wedding Music, Secular Music Books, Choral Music, Vocal and Instrumental music from all publishers in the U.S. as well as most foreign publishers. They Also work with civic organizations, community choruses, school music programs, colleges, churches, and other groups that require music for their programs. Despite specializing in secular and choral music, they also carry many other genres of music to satisfy most musicians.

Contact Fouad Mohit for more information:
Cell: 757.237.2301
Fouad@SunbeltNetwork.Com

Detailed Information

Inventory:
Included in asking price
Employees:
1FT; 2PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,500 SF space. Well-located along a high-traffic corridor for both commuters and local residents, moments away from Interstate. Surrounded by a dense residential concentration as well as numerous Schools, Churches and commercial strips. Rent is $2,000 per month.
Competition:
Limited competition within the Industry
Growth & Expansion:
Room to grow online sales as well as expand throughout the Hampton Roads area.
Support & Training:
Seller will provide training in transition.
Reason for Selling:
Retirement

Listing Statistics for Premium Members

Ad#:1167068 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Fouad Mohit

Business Listed By:
Fouad Mohit

Sunbelt Business Brokers of Hampton Road

Show Phone Number

View My Listings


Sponsoring Broker:
SUNBELT HRVA

Find out more...

Get more details about this business.


Similar Listings


Planet Beach

Franchise Opportunity
Capital Required: $177,162