Retail Musical Instrument Business for Sale - San Francisco Bay Area

California
BAY AREA MUSICAL INSTRUMENT STORE FOR SALE
Asking Price:$999,000
Inventory:$1,000,000
FF&E:$100,000
Gross Revenue:$1,852,906
Rent:$13,000/Month
Established Year:1976
BUSINESS DESCRIPTION

The Business is located in a vibrant community in the San Francisco Bay Area, California and is a well-established retail store specializing in musical instruments, accessories, lessons, repairs and related services. With a legacy of over 46 years, the business has built a strong reputation for quality products, expert customer service, and a welcoming atmosphere for musicians of all levels.

Key Highlights
1. Prime Location: Strategically situated in a high-traffic area with excellent visibility and accessibility, attracting local musicians and enthusiasts.
2. Diverse Product Portfolio: Offers a wide range of musical instruments including guitars, keyboards, drums, brass and woodwind instruments, accessories, sheet music, and more.
3. Established Customer Base: Enjoys a loyal customer base comprising musicians, music educators, schools, and community organizations.
4. Expertise and Service: Staffed by knowledgeable professionals passionate about music, providing personalized recommendations, lessons, instrument repairs, and maintenance services.
5. Strong Financial Performance: Consistent revenue and profitability with potential for further growth through targeted marketing initiatives and expanding online sales channels.

Business Details:
- Location: San Francisco Bay Area, California
- Founded: 1976
- Ownership: Corporation
- Facility: 4,000+/- Square Feet, well-designed showroom, lesson rooms, storage, and repair workshop areas. Current monthly lease rate $11,255.00 +NNN , with lease expiring April 2030.
- Inventory: Comprehensive inventory of musical instruments, accessories, and related products. ($1,000,000.00+)
- Financials: 2023 Gross Receipts $1,852,906.00. Financial statements available upon signing a non-disclosure agreement (NDA).

Opportunities for Growth:
1. E-commerce Expansion: Enhance online presence through e-commerce platforms to reach a wider customer base beyond the local market.
2. Marketing Initiatives: Implement targeted marketing campaigns leveraging social media, email marketing, and collaborations with local music communities.
3. Product Diversification: Explore opportunities to expand product offerings based on customer demand and market trends.
4. Educational Programs: Develop music education programs, workshops, and events to engage and attract aspiring musicians.

Sale Terms:
- Reason for Sale: Retirement/Transitioning to other ventures.
- Assets Included: Inventory, fixtures, equipment, customer database, branding, and goodwill. ($2,000,000.00+)
- Transition Support: Seller willing to provide training and support during the transition period.
- Confidentiality: Interested parties required to sign an NDA for access to detailed financials and business information.


DETAILED INFORMATION
Location
California
Inventory
Included in asking price
Real Estate
Leased
Building SF
4,000
Lease Expiration
30/04/2030
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Training and support during the transition period negotiable.
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Chris Steele
Chris Steele