Profitable .Music Store. In Business 34 years
Location: North Carolina > Burke County > Morganton
Industry: Retail Stores > Other Retail Stores
Financials
Asking Price: $121,000
Gross Revenue: $167,466
Inventory: $80,000 (Included in Asking Price)
Seller Financing: Can be arranged
Business Summary
Profitable Music Store. This business has been started by the original owner 34 years ago. It has been profitable ever since, you can’t stay in business 34 years and not make money. The business is located in a major shopping center and has big box retailers driving business to the store. The area is quickly expanding around the store and this will drive even more traffic and increase the sales. This is an easy to run business with good working hours. The owner has loyal employees that know exactly what to do and are able to run the day to day operations for him. The store sells cd’s tapes, posters also accept trade ins. The business is located in a leased space with plenty of room for parking. This business is great for someone who is interested in making good money and keep regular hours, it is also perfect for a music lover. The owner wants to retire after 34 years in business. This is your chance to step into a business with an established track record and income to prove it. Call this will not last long. Why start a business and go 3years before making profit. This business is going to make you money from day one. Make an offer Motivated Seller
About the Business
Year Established: 1975
Employees: 2 full time - 1 part time
Facilities: Plenty of parking.Major stores in the area drive customers in.room to add extra titles,cd's
Market Outlook and Competition: The new owner can increase advertising, also build a website and could add on trade in for the DVD s,this would increase more revenue and put more money in the owners packet. Also can stock more titles,cd's,posters.This business has been opened for 34 years it is known in the community. word of mouth is driving a lot of business right now. Owner to dired to grow business any more wants to sell and retire.
About the Sale
Management Training and Support: The training will be provided to make the transition smooth. The owner will assist until the buyer feels comfortable.This is an easy to run business and it will be very easy to hit the ground running
Reason For Selling: Retirement. Must sell

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BizQuest ID:910156
Business Listed By
Name:Rod
Company:GlobalConnection Business brokers
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