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Music Store For Sale
Location Oregon,United States
Asking Price Range < $250K
Gross Revenues $257000
Net Profit / Cash Flow $40000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2001
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Relocation.
Description Turn Key Music Store for sale. Located in the beautiful Rogue Valley of Southern Oregon, on Interstate 5 corridor, in the business hub of Medford. The Rogue Valley is home to the Rogue River with world-class salmon/trout fishing, white water and scenic-river rafting, and is less than two hours from the Southern Oregon Pacific coastline with access to the towns of Brookings, Gold Beach, and Crescent City. Surrounded by the Cascade Mountain range where camping, hiking, fishing, and boating are less than an hours drive to one of five major lakes in the area.
Price: $249,500
Locally owned, full-line, full-service music store serving the needs of S. Oregon and N. California since 2001.
Average annual gross sales 2002-2009: $257,545.50.
Inventory of new and used instruments: Acoustic Piano,Digital Piano, Harp, Guitar, Banjo, Mandolin, Violin, Viola, Cello, Stand Up Bass, Brass and Woodwinds, Hand Percussion, Ukulele, Harmonica, Electronic Tuners, Metronomes, Cases, Gift Items and all accessories.
Established lines: Roland, Yamaha, Takamine, Ovation, Lyon & Healy, and more.
Music education studio for private lessons include a waiting area for parents and a separate rest room facility. Instrument repair department currently supports repairs and maintenance of stringed, band, and orchestral instruments.
Print Music Department includes large selection of educational and repertoire collections and a wholesale on-line download account with a major sheet music supplier. Band and orchestra instrument rentals and sales. Includes a registered domain name and website. Office equipment included. 1,980 sq. ft. air conditioned, stand alone building located on major downtown traffic artery with 12 off-street parking spaces. Assumable Lease. Currently $1,260/mo. Possibility of real estate purchase separately. Business Structure: S-Corp. Email or call at 1-541-245-1801 for more information on this music store for sale.
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