Business for Sale - Musical Instrument Sales Rental Repair - Buy a Business

Listing Number:12838 Click here for Virtual Tour

County, State: Suffolk County , NY Business Type: Equipment Rental and Sales , Amusement Parks/Arcades/Recreation, Entertainment, Misc. Retail/Non-classifiable, Educational Services/Schools, Repair Services

(REGISTERED BUYERS ONLY)

Non-Confidential Financial Information

Business Description

Full Service Musical Instrument business for sale. Established 22 years ago by the current owner, this 4000 sq. ft. business offers new and used musical instrument sales, rental, repair. In addition, they generate revenue from studio rental to music teachers, piano tuning, and accessory sales. This business has generated tremendous good will over the past 22 years. It is the first stop for sales and rental of musical instruments throughout Suffolk County's South Shore and beyond. A long term lease is available as well. In the past 12 months Gross Sales were approx. $609,393.00 with a Net Income of approx. $176,163.00. The sales includes appox. $500K in current inventory. The business is very reasonably priced at $595K. The inventory could be liquidated for nearly that price, but the owner would like to see his employees keep their jobs. He would also like to see his life's work continue on. We are looking for a serious and financially qualified buyer. Be prepared to provide proof of funds. Call or email Mel Vaz today to learn more at 877-735-5224 or mvaz@vestedbb.com.

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