Buy a The Music Place For Sale business for sale in LETCHWORTH GARDEN CITY on BusinessesForSale.com

  • Advert ID: 659600

The Music Place For Sale


Location:
Category:
Asking price:
£85,000
Sales revenue:
£230,000
Net profit:
Available on request
Years established:
15 years current position 12 years
Employees:
1 full time .. 1 part time


Busy independant musical instrument retail store.
LOCAL WELL KNOWN SHOP AND VERY WELL SUPPORTED BY LOCAL SCHOOLS, BANDS, RECORDING STUDIOS, TUTORS, COMMUNITY GROUPS and GOOD REGULAR CUSTOMER BASE.
PRICE DOES INCLUDE CURRENT STOCK LEVEL AND CAN BE REDUCED ACCORDINGLY


Property:
Leasehold
Lease terms:
2 1/2 YEARS LEFT ON CURRENT LEASE...
VERY GOOD RE-NEGOTIATION TERMS FOR LONGER LEASE AVAILABLE AS PART OF THE SALE.
Location:
Prime High Street position...
Close to High Street Chain Stores ( eg wilkinsons curry's M&S Argos )
good foot fall

Expansion potential:
There is future potential for internet sales...
Also expansion to satisfy local demand for computer music ( Digital Audio Workstations )
Currently instrument tuition in store this is a great bolt-on business opportunity.
Competition / Market:
We are an established business which has been located in Letchworth for 15 years in current position 12 years...we sell a wide range of instruments and there is no local competition within Letchworth Garden City.
Support & training:
current business owner will offer training and familiarisation with current product lines. can assist with initial order quantities and advise on expantion potential
Reasons for selling:
RETIREMENT TO AUSTRALIA!!!
Trading hours:
6 days 9.30am - 5.30pm
Furniture / Fixtures value:
£5,000
Inventory / Stock value:
£30,000

For more information about this business for sale, click the Contact Seller button.

Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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