Stringed instrument repair shop

Beacon, NY
Asking Price:$140,000
Gross Revenue:$80,000
Rent:$1,150/Month
Established Year:2013
Cash Flow:$66,000
Inventory:$50,000
FF&E:$30,000
BUSINESS DESCRIPTION

Low rent 11 years established repair shop in the heart of Beacon, NY

Located in the heart of Beacon, it is a hot, hip and vibrant town containing many musicians, tourists and a plethora of music venues in the surrounding area around the shop.

We have served over 1100 clients out of this location. The reputation was excellent, with many repeat customers and quality relationships established with musicians over the years.

Since December 2013 we provided top notch repairs to guitars, (acoustic, electric, classical), basses (acoustic and electric), violins, violas, cellos, mandolins, ukuleles, banjos and ethnic instruments such as ouds, Puerto Rican cuatro and many more. We also provided music lessons, made instruments out of the shop and even taught courses on instrument making.

This shop fully loaded WOODWORKING/LUTHIER WORKSHOP with 4 open work benches. The space is 930 square feet Has a front lounge with couch, chairs and table for guests/clients.

Equipment includes: 14" Bandsaw, jointer planer, thickness sander, disc sander, contractor table saw, router table, multiple routers, drill press, Tormek sharpening system, oscillating sander, scroll saws, jig saws, miter saw, biscuit jointer, mini lathe, hand saws, hand tools, chisels, planers, dust collector, air filtration systems and much more.

Excellent opportunity for the luthier, guitar tech wanting to own their own business in a prime location, or woodworker.

I am selling because I am relocating from this area.


DETAILED INFORMATION
Location
Beacon, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
930
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All equipment included in sale.
Competition
Beacon is a hot and hip town, many musicians, tourists and many music venues in the surrounding area around the shop.
Growth & Expansion
Plenty room for growth as we operated a certain way for many years. There are other ways to expand this business further.
Support & Training
This is negotiable and willing to work with the new owners
Reason for Selling
Our family is relocating out of the area.

BUSINESS LOCATION
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John Vergara
John Vergara