This guitar specialty business combines a 20+ year local retail presence with active internet and eBay marketing and sales. The online portion of this business has grown in recent years and the current owner continues to increase its online presence. Added revenue channels include selling consignment inventory and offering music training rooms for rent. The store specializes in new, used, and vintage guitars, basses, amps, and effects. Its inventory includes all of the name brands and offers a variety of models. Used instruments and equipment are also sold. Current clients include several well-known musicians and bands. The price is $30,000 plus estimated inventory of $120,000.
About the Business
- Year Established:
Located in Southern California in a busy retail center and across the street from a major shopping mall. The 3,000 sq. ft. retail space was remodeled to create a comfortable atmosphere for discriminating musicians to explore the wide variety of guitars and related equipment. Monthly rent is currently $4,600 and is on month to month terms. Facility has excellent signage on a major boulevard. Facility also includes 6 rooms designed for musical instrument instruction.
Current owner actively promotes Internet and eBay business and believes it can be increased. Limited competition for high end guitars; exclusive dealer for some brands. Carries hard to find models.
About the Sale
- Reason For Selling:
Change in partnership and retirement
Seller will train for 2 weeks at 40 hours per week
- Seller Financing:
Seller will consider financing
- BizQuest Listing ID:
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