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Retail Music Store

Location  Louisiana,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $500000
Net Profit / Cash Flow  $100000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1987
Number of Employees  6 - 9
Inventory  $75000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Owned
Training  Available.
Reason for Sale  Retirement.
Description  For approximately 23 years this retail music store has been providing music and equipment for music lovers and musicians. Store retails audio CDs and DVDs, as well as books and accessories for equipment such as band instruments, guitars, drums, and keyboards. Store also sells car audio equipment and performs installation, car alarm sales and service, and window tinting. Business services several automobile dealerships in its area as well as surrounding parishes. Store is well known in its community as an audio renaissance shop covering music for the car and home. Store provides a great retail experience with listening stations for the musical equipment on display to test before purchase. Store is approximately 5600 sq ft and real estate is included in the sale. The real estate also includes an adjoining lot which can be used for expansion, diversification, strip mall, etc. Seller will sell the business by itself at a much lower price with a very reasonable lease purchase option! Business is found on a very high traffic 4 lane highway in a highly visible and easily accessible location. Business presents well from the road and has good signage. There is plenty of parking for the numerous customers who frequent this business. Business is in the large, affluent section of the Lafayette Metro area in Louisiana. Area has great access to big city life, recreational outdoor activities, good schools, and affordable housing. Seller is ready for retirement and is motivated to sell their retail music store. Seller will train the new owner on this very easy to own and operate business. Seller is open to substantive offers and will seriously consider and promptly respond to all reasonable offers. This is a dream opportunity for music lovers of all kinds! Come see this successful music store, meet the owner, make offer.
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