Musical Instruments Store
Location: United States -> Iowa -> Des Moines
Industry: Retail > Other Retail
Businesses for sale Summary
RETAIL: Musical Instruments Store For Sale: This is a multi – location, full line Piano, Key Board and Organ retail business as well as lessons and repairs. The company?s steady growth and success can be attributed to the active role of the owner and his staff takes in seeking out prospective customers. Company utilizes aggressive marketing techniques such as setting up large displays at county and state fairs, visiting customers homes, sponsoring parties and special events, contacting music teaches and advertising frequently on radio and TV and newspapers. Current owner nets over $425,000.
Financials
Asking Price Range: $1.0M – $2.5M
Gross Revenues: $3,416,663
Cash Flow: $425,396
Cash Flow Type: EBITDA
Inventory: $782,304
Seller Financing: Yes
About The Business
Year Established: 1922
Number of Employees: 10 – 19
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: The owner is willing to assist the buyer with the transition of operations after sale.
Reason For Selling: Retirement.
