Established Piano Business/Turnkey NJ Operation
New Jersey
| Asking Price: | $950,000 |
| Inventory: | $450,000 |
| FF&E: | $35,000 |
| Gross Revenue: | $1,000,000 |
| Rent: | $13,550/Month |
| Established Year: | 1995 |
Listing ID: 2298549Listing provided by BizBuySell
BUSINESS DESCRIPTION
Established a piano business with a 30 year history. Location is gateway to numerous affluent communities and NYC. Revenue stream is made up of new pianos, used pianos, recording studio, recital hall, music lessons, piano rentals, and rental studios. In addition, piano services and moving. Great opportunity to take business to the next level.
Additional information will be provided upon receipt of NDA and proof of financial ability to purchase business.
DETAILED INFORMATION
Location
New Jersey
Inventory
Included in asking price
Real Estate
Leased
Building SF
8,000
Lease Expiration
30/06/2037
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Includes fully owned inventory to cover multiple price ranges, plus all piano moving equipment and office furnishing to run business
Growth & Expansion
Growth opportunities abound through updated marketing, sales force and maximization of space.
Support & Training
The owner will stay on for a period to help with the transition
Reason for Selling
Owner is retiring
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