Musical Instrument Retail And Repair Store For Sale

Description

Business type: music retail, repairs and servicing

Current status: established operating business

Products

• New musical instruments
• Pre-owned musical instruments
• Strings
• Tuners
• Music accessories
• Related equipment

Services

Instrument repairs: offered

Equipment repairs: offered

Instrument servicing: offered

Equipment servicing: offered

Customers and suppliers

Customer base: established

Repeat business: existing

Foot traffic: described as consistent

Supplier relationships: established

Financial information

Selling price: R1,350,000

Stock: included

Stock value: approximately R1.7 million

Average monthly turnover: R122,941

Average monthly net profit: R36,353

Revenue streams

• New instrument sales
• Pre-owned instrument sales
• Accessory sales
• Repair services
• Servicing

Expansion options

• Online sales
• Additional marketing
• Expanded product range

Reason for sale

Owner pursuing other interests

Handover

Structured handover: available

Transition support from owner: available

Potential buyers

• Owner-operators
• Investors
• Music industry professionals
• Music enthusiasts