37553-Retail Instrument & Accessory Store

TX

Seller Financing Available
37553-Retail Instrument & Accessory Store
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Asking Price: $325,000

Cash Flow: $183,000

Gross Revenue: $695,000

EBITDA: N/A

FF&E: $50,000

Inventory: $165,000*

Established: 1980

*not included in asking price.

37553-Retail Instrument & Accessory Store

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Business Description

Located in the greater Dallas area, this retail music store offers a large selection of musical instruments, sound systems, and performance light installations. In addition to their diverse selection of acoustic, bass and electric guitars, keyboards, wind instruments and drum sets, rental of school band instruments is also provided. They carry most major brands sought after including but not limited to Fender, Peavey, Roland, Yamaha, Pearl, Shure and Korg. Located near a music learning center with over 300 students, the leased facility includes a large storefront, warehouse and office space. Operating this business requires musical expertise and personnel with industry experience as well. They have a proven track record, supported by 38 years of ongoing business, a strong community reputation and excellent online reviews. With an online retail store, the marketing efforts focus on targeting the local community, churches and schools in this DFW region of Texas. Revenues have been consistent over the past five years due to a longstanding reputation. Last year, the total retail revenue was approximately $695,000 with Seller’s Discretionary Earnings over $100,000. With a large customer base and solid reputation, the company is in a great position for further company growth.

Detailed Information

Inventory:
Not included in asking price
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Reason for Selling:
Other interests
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(from currently available funds)
 
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IAG Buyer Division

Business Listed By:
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IAG

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