Large Independent Music Store--Growth/consistency/profitable

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LARGE INDEPENDENT MUSIC STORE--Growth/Profitability/Consistency
Asking Price:
$704,000

Gross Revenue:
$1,600,000
Cash Flow:
$134,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$330,000
included in asking price

FF&E:
$15,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This establishment is a Rock of Consistency. Thirty years of continuous service—Twenty consecutive years of SALES GROWTH—Twenty consecutive years with revenue in excess of $1. million. Authorized Dealer for all key brands—Gibson, Taylor, Gretsch, Korg, Yamaha, Epiphone, Moog, Kurzweil & MORE. Products & services include Guitars, Bass, Drums, Keyboards, Amps, Clarinets, Sax, Effects, Lessons, Repairs, Music, Books, Videos…. Store is strategically integrated into the historical roots of the area's musical culture.

One of the LARGEST independent music stores in the southeast— the service/selection & commitment exemplifies why musicians support hometown independent music Shops. Significant GROWTH OPPORTUNITY exists by strengthening the e commerce platform and increasing the online presence.

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Listing Info

ID:
1506860
Ad Detail Views:
857

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Business Listed by

Michael Korizno

North American Alliance of Business Brokers

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Sponsoring Broker:

Scott Radin
North American Alliance of Business Brokers

U.S. Census Data for Berkeley County, SC
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Berkeley County, SC
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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