Music Store Vinyl, CD's, Instruments & Lessons you can own it all

Asking Price$275,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$200,000
Included in asking price
FF&E$75,000
Included in asking price
full selection of accessories
one of 8 lesson rooms
Vinyl CD & DVD plus other merch
full selection of accessories
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Music Store Vinyl, CD's, Instruments & Lessons you can own it all


Asking Price$275,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$200,000
Included in asking price
FF&E$75,000
Included in asking price
Business Description
Local established Music store for sale in Downtown DeKalb IL. Offers lessons, retail sales for musical instruments (guitars, keyboards, percussion, and more) Additionally a full selection of new and used vinyl, cd's and DVD's. Plenty of accessories for every musicians needs as well as rock merchandise shirts, posters, etc. Don't miss on on this opportunity to own a piece of rock and roll history.
About the Business
Years in Operation
4
Employees
4 (1 Full-time, 3 Contractors)
Facilities & Assets
fully built out and updated in 2022. ADA bathrooms, 8 lesson rooms, retail slat walls, new plumbing and LED lighting, new air conditioner.
Website
https://www.auroramusicco.com
Market Outlook / Competition
Over $200,000 of inventory in musical instruments, vinyl, CD's and other music merchandise, B&O, lessons, online presence, everything you need to take this business to the next level. Not much in the way of competition. Perfect community for the right individual to build up a music school and meet the needs of fellow musicians and vinyl record collectors.
Opportunities for Growth
There is plenty of room for growth. Currently around 25 students with the capacity to handle many more, on line sales are doing well and retail presence growing but the right experienced and focused individual has everything in place to to it to the next level. ,
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,000
Rent
$3,150.00 per month
Lease Expiration
8/31/2028
About the Sale
Seller Motivation
I own other businesses which take up the majority of my time.
Transition Support
absentee owner so not much training available. Could possibly work something out with the manager
Financing Options
n/a
Listing Info
ID
2475416
Listing Views
Business Location

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Business Listed by: Rob Mondi

Listing ID: 2475416 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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