Music Shop Featuring Music Lessons & the Sale & Musical Instruments
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This is a unique music shop that employs part-time teachers to teach music lessons to include a variety of musical instruments. Additionally, the property has a complete showroom used to display musical instruments for sale or for rent. Bloomington, IN is the home of Indiana University. The city is a very busy place with close to 50,000 students enrolled at the Indiana University plus elementary, junior high, and high school students. Monroe County has a population of approximately 125,000.
About the Business
- Years in Operation
- 6
- Facilities & Assets
- The business is housed in an attractive downtown stand-alone building. The business has undergone a major renovation that cost $175,000. The building has 8 private rooms for teaching students. There is a large room for students to learn to play instruments with several others in groups. There is a lounge area and a large showroom for the display of products to sell. The property is available for lease or to be purchased. Terms can be negotiated.
- Market Outlook / Competition
- There is not a similar business in the city or surrounding area. This business has experienced significant growth since the inception of the business. Plus, the business sells Yamaha and Ibanez products, and no one can sell these products within 50 miles of the location.
- Opportunities for Growth
- The business could expand the hours of operation since it is open Monday to Friday, 3:00 PM to 8:00 PM.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,200
- Rent
- $5,500.00 per month
About the Sale
- Seller Motivation
- Personal reasons
- Transition Support
- The owner will work with a new owner for a reasonable time to allow for a smooth transition.
Listing Info
- ID
- 2438438
- Listing Views
- 66
Listing ID: 2438438 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. See our full Terms of Use. Learn how to avoid scams.
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