Turnkey Musical Instrument Retail, Rental & Repairs

Houston, TX (Harris County)

Seller Financing Available
Turnkey Musical Instrument Retail, Rental & Repairs
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Asking Price: Get Financing: $175,000

Cash Flow: $50,000

Gross Revenue: $519,000

EBITDA: N/A

FF&E: $8,000

Inventory: $100,000

Lease Rate: $375 /Month

Established: 2011

Turnkey Musical Instrument Retail, Rental & Repairs

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Business Description

Eight year old string musical instrument store focusing on instrument rental, retail & consignment and repair. Very low overhead. High quality inventory; excellent reputation in a niche market.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in historical building near down town Houston. Lease has been month to month for seven years - excellent Landlord relations. Additional repairable vintage and antique instruments outside "active" inventory Detailed and maintained web site with informative pages, blog and constantly updated inventory displays Full repair workshop that accommodates 3-4 workers; two office workstations Proprietary products that are well known in the industry Small inventory of repair parts Business can be re-located with no lease obligations
Financing:
87500.00
Support & Training:
4 weeks
Reason for Selling:
retiring
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Bobbi Coffey

Business Listed By:
Bobbi Coffey

Transworld Business Advisors

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Sponsoring Broker:
Gerald G. Brisson, CBI, M&AMI, CMAP

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