Asking Price: $75,000

Gross Revenue: $183,020

Cash Flow: $11,571

Inventory: $70,000 (Included in Asking Price)

FF&E: $25,237 (Included in Asking Price)

Seller Financing: Seller prefers outright, but will consider with down payment and a qualified buyer

RETAIL: Music Store: This well established business is devoted exclusively to its marketing niche and one of the few establishments in the Midwest that offers service and expertise in this specialized segment of the music industry. There are 500 (of the 2,000) active dedicated customers. This firm also engages in web – based sales. There is no debt. It’s only payables are to wholesalers and the usual operating expenses of salaries (3 part time employees), rent, utilities, etc. With reasonable advertising and marketing efforts revenues of this lifestyle business could be increased. Customers regularly compliment this firm on its outstanding service and comment they wished they were a source for musical instruments. Located in busy Iowa City.

Year Established: 1922

Employees: 3 part time

Relocatable: Yes

Facilities: Lease Amount: $2,970 per month

Management Training and Support: Current owner will train on operation, inventory purchses and marketing

Reason For Selling: Relocating