Guitar and Music Store in Eastern Arizona
Asking Price: | $179,500 |
Gross Revenue: | $585,000 |
Rent: | $4,985.63 |
Established Year: | 2006 |
Cash Flow: | $80,000 |
Inventory: | $200,000 |
FF&E: | $15,000 |
Guitar & Music Store
An exceptional opportunity is available to acquire a well established Guitar and Music store in a beautiful mountain town in Eastern Arizona. This business has been in the same location for over 13 years and is the only retailer of its type within 180 miles. The store serves several communities including Pinetop, Show Low, White Mountain and small towns in Western New Mexico. Prime location in a major retail shopping center with several Big Box anchors and loads of foot traffic. Over 80% of the revenue comes from sales of Guitars, Drums, Keyboards, Amps and accessories. The remainder is from lessons and school band rentals. Huge selection of guitars and instruments make up the inventory which varies between $190k and $210k and is NOT included in the asking price but will be required to be purchased along with the business. Seller is willing to do some financing or consignment of the inventory for a qualified and experienced buyer with a significant down payment. The ideal buyer would be someone with a passion for music, knowledge of instruments and accessories and the desire to live in a mountain town and be a full time owner/operator. This is an ideal location for outdoor lovers with hiking, fishing, Off-Roading and Sunrise Ski Area only minutes away. This is a dream scenario for someone that wants to move to a small town and run a successful business. ONLY SERIOUS BUYERS are encouraged to inquire. A confidentiality agreement must be completed prior to the disclosure of further details.