Premier Music Store with Diverse Revenue Streams
Asking Price: | $400,000 |
Gross Revenue: | $738,441 |
Cash Flow: | $30,355 |
Unique Instrument Sales and Services Business for Sale
Established in 2003, this premier music business in the San Francisco Bay Area specializes in a wide range of string instruments, focusing on harps. Unlike most music stores, it offers customers the unique opportunity to compare various harps in one location. The business has diversified into instrument rentals, online workshops and concerts, repairs, and sales of instruments, strings, music, and accessories, making it the only center in the United States to offer such a full array of services.
The business is a beloved institution for music enthusiasts worldwide, known for its exceptional customer service and educational approach. It has cultivated a loyal customer base by guiding them through their musical journey—from purchasing their first instrument to upgrading to more advanced models and providing ongoing support through repairs and accessories. The founder’s passion for music has driven the business’s success, creating lifelong relationships with customers and a strong industry reputation.
Revenue is well-balanced across its various departments, including instrument sales and rentals, lessons and workshops, and merchandise. This diversified income stream ensures stability and growth, even during slower periods in one area. The business has consistently grown its gross profit year over year, with the latest annual revenue reaching $738,000. The dedicated team, passionate about music and committed to the business’s success, has demonstrated their capability to maintain operations and support customers independently. The founder is willing to stay on as a consultant to ensure a smooth transition for the new owner.
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