Music Instrument Retail Store with many Major Brands, Turnkey

Melbourne, FL
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Asking Price:$400,000
Gross Revenue:$463,733
Rent:$3,502/Month
Established Year:2006
Cash Flow:$127,087
Inventory:$259,500
FF&E:$45,000
BUSINESS DESCRIPTION

This is a must-see Music Instrument and Supply Retail Store with a great following and reputation for 16 years. Here are some of the sought-after brands that this store is stocked with: DW Drums, Gretch Drums, Meinl Percussion, DD Drums, Martin Guitars, EMD Music, Hercules Stands, Ortega, Islander, Stagg, Remo, Levys, DR Kustom, Foundry and Laney just to name a few. This Store takes trade-ins and consignment Musical Instruments. There is a room set up to demo the instruments. The storefront is front row on a main road artery with a stop light out front for a captive audience. This business shows very well and is truly a turnkey opportunity for the Music Lover in you.


DETAILED INFORMATION
Location
Melbourne, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,700
Lease Expiration
31/12/2026
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
2700 Sqft in a Strip Center on a Main Artery at a Stop Light. Room available to Demo the Instruments. Open Tuesday thru Saturday from 10:00am to 5:30pm.
Competition
Has Major sought after Brands of Instruments
Support & Training
2 weeks Training provided at $0 cost
Reason for Selling
Retire
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Rodney Eubank
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Rodney Eubank