Established, Full-Service Music Store in the Twin Cities For Sale - 11415

Price
$409,000
Location
Industry
Category
Music Store
Description

An established music store located in the Twin Cities providing music lessons, instrument repair, rental equipment and music retail. The lesson studio has over 300 students and is fully staffed with music instructors. They also have two other recurring revenue streams of rental equipment as well as general music retail sales. Annual revenues exceed $630,000 and there is plenty of room to expand the business further. Great opportunity for a music enthusiast or another company looking to expand locations. The business is priced attractively at $409,000 including FF&E and inventory. 

Listing ID
11415
Value From Year
2021
Cash Flow
$131,000
Equipment Price
$10,000
Gross Sales
$630,000
Reason for Selling
Other Interests
Value Of Real Estate Included
No
Value Of Equipment Included
Yes
Years Established
10
Full Time Employees
3
Part Time Employees
1

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