Business Description

Do you love music? Have you ever envisioned yourself running a successful music-based enterprise? If yes, then this is the perfect opportunity for you! After 50 years the owner of this cash-generating retail music shop would like to retire, but only when he finds a new owner capable of caring for his "baby". This business is so well established that it operates with no marketing efforts or web site, clearly areas that a new owner could establish to create new revenue streams. The retail end of this business focuses on used equipment. There are drums, guitars and basses on display as well as a peg-board display wall of accessories. A glass showcase on the showroom floor houses available wind instruments and there are two wall-mounted showcases on either wall to display vintage or high-end items. A new owner could come in and continue with this focus, and/or become a specialty shop. In the back of the store is a beautiful music studio that the owner rents out to local music teachers for a small fee. The new owner could offer his/her own teaching skills to the community and instantly create new cash flow. The most beautiful part of this business? The low overhead and recurring revenue stream from the rental of instruments. Because of its standing in the community, hundreds of students return yearly to rent their instruments for the school year, and this will continue with the new owner. There are no national retailers for miles and a new owner could grow the retail sales, music lessons and rental businesses with a nominal marketing effort. To learn more about this great retail opportunity please contact Don at 914.337.1554!