Music Instruments, Lessons, Sales & Repairs Business For Sale in Canada

Music Instruments, Lessons, Sales & Repairs

Entertainment and Leisure - Other Entertainment and Leisure

Asking Price:	$1,200,000	Inventory:
Gross Revenue:	$780,000	Real Estate:	n/a
Cash Flow:	$92,000	FF&E:	$400,000 ++
++ included in the asking price not** included in the asking price

Large, independent retailer of various musical instruments in metropolitan area. This business is the exclusive dealer of Peavey and ENGL and an authorized dealer of Yamaha, Roland, Ibanez, Oran, Mark & Bass among other top-of-the-line brands. In addition to the retail store offering an exclusive product line, this business also provides instrument rentals, lessons and repairs. 60% of business is due to instrument sales, 31% in lessons, 7% rentals and 2% repairs. There is a large, broad repeat client base, including - but not limited to – families, professionals, musicians and schools. This company is located in SW portion of British Columbia. The town has a population of 500,000 and offers all the conveniences and amenities of a large city.

About the Business

Year Established:1995

Employees:3 full time - 2 part time

Relocatable:Yes

Facilities:This is a leased 3,500 sq. ft. facility that opened in 1975 and operates in an area of high visibility. The three-story building is in very good condition.

Market Outlook and Competition:There is very little competition in this area.

About the Sale

Management Training and Support:Owner agrees to stay thorough a reasonable transition period.

Reason For Selling:The current owner is ready to retire after many years owning this business.

Seller Financing:Possibly

Sell Your Business | This listing has been viewed 20 times

Bookmark

Contact the Seller

* Bold fields are required

Re: BizQuest ID:	977734
Seller ID:	36108
Your Name:
Your Email Address:
Phone Number:
Message Text:
	Yes, I would like to receive the Buyer's Newsletter.
	Yes, I would like to receive a daily summary of new listings.

Tips for Buyers

close

You can increase your chances of success in buying a business by improving how you communicate with sellers and/or business brokers. It's important to understand that good businesses receive many inquiries through BizQuest, and sellers/brokers are always more inclined to work with buyers who present themselves as serious, motivated, and educated about the buying a business process.

Business brokers will typically require that you sign a confidentiality or non-disclosure agreement (NDA) prior to providing more detailed information about the business.. They will also want to know a bit about you: how serious you are about buying a business, what your financial picture looks like, your time horizon to buy a business, etc.

Because of this, it's best to not ask for detailed information about the business just yet. An effective inquiry that's sure to be taken seriously would be something similar to this:

"I am interested in this business. Please send me the necessary non-disclosure and any additional documents to complete so we can discuss it further."

For more on this subject, see this posting from the BizQuest Blog.

Privacy Pledge

BizQuest has been connecting buyers and sellers for over 15 years, and has earned a reputation for honesty and integrity. We will NEVER sell or share your personal information with anyone other than who you have specifically requested. For more see our Privacy Pledge

NO SPAM ALLOWED

BizQuest has a strong anti-spam policy. Use of this form for any reason other than to inquire about purchasing this business will result in cancellation of your account.

Business Listed By
Jason Hullender International Acquistions Group View All of My Listings


	Recommended Resources Sponsored Links FREE money to buy your new business Buy a Business using IRA or 401k funds - No Penalties or Taxes - Guidant Financial


	The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.

THE Business for Sale Marketplace

Privacy Pledge

NO SPAM ALLOWED