Music Store For Sale - North Carolina, NC

PROFILE: Full Service Music Store Where They Buy, Sell And Trade Used/New Music Gear!

AD/LISTING INFORMATION
Status: Available
State: North Carolina
Location: North Carolina
County: None Given
City: None Given
Primary Category: Retail Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  117191
Seller Or Contact:  Bob Holt
Primary Phone:  336-545-7545
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  12/15/08
Date Ad Last Revised:   12/15/08

FINANCIAL INFORMATION
Asking Price: $230,000
Down Payment: $230,000
Annual Revenue: $440,000
Annual Adjusted Net: $70,000
   
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: Call

DESCRIPTION: This Is A Full Service Music Store Where They Buy, Sell And Trade Used And New Music Gear. The Store Deals In Guitars, Bass Guitars, Drums, Keyboards, Amplifiers, Band Instruments And Pro-Sound Equipment. The Store Also Rents School Band Instruments. The Store Sells 60% Used Gear And 40% New Accessories, And Produces A Gross Margin Over 50%.

The Store Is Supported By A Franchise Group Of 40+ Stores Providing Buying Power, Professional Advertising Materials, A National Recognized Web Site And Computer System Services. For The Last Ten Years The Business Has Been Located In A Strip Shopping Center At A High-Volume Intersection And Two Blocks From A Major Shopping Mall.

The Seller Is Absentee And The Revenue And Profitability Will Certainly Increase With An On-Site Owner. The Asking Price Includes $90,000 Of Inventory At Cost And The Final Price Will Be Adjusted To Reflect Actual Inventory At The Time Of Closing. Inventory Can Fluctuate By $10-20,000!

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