Full Service Music Store, Rentals and Lessons In Biz 40+ Years

Nassau County, NY

Seller Financing Available

$750k in inventory included!
Asking Price:$650,000
Inventory:$750,000
FF&E:$100,000
Cash Flow:$325,000
Rent:$4,316
Established Year:1999
BUSINESS DESCRIPTION

Thriving multi faceted musical instrument business. Bricks and mortar store sells, rents and repairs instruments and equipment and also serves as a successful school for music lessons. In addition, this business has robust online sales from website and other platforms.

Astounding inventory of guitars, effects pedals, amps, keyboard/synths and more for sale. They also offer school band and orchestra instruments for rent or sale.

Triple AAA shopping location. Four thousand square feet of retail and storage space includes sound proof rooms for music lessons.

Fabulous reputation from thousands of online reviews earned over the years.

Most area schools refer band and orchestra rental clients. Over 70% of clients automatically re-rent for the next year. Store contracts with a dozen local schools for instrument repairs. Incredible opportunity for experienced music business person, or for a new music enthusiast who wants a turn key operation


DETAILED INFORMATION
Location
Nassau County, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,000
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
tbd
Support & Training
yes
Reason for Selling
retirement
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Darlene
Ragone
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Darlene Ragone