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Business for Sale Summary

Music Store in Nassau County, Ny - 30924

Business Type: schools/ education,misc. servicel/non-classifiable,best deals!,new to market,seller financing available,misc. retail/non-classifiable
Music Store in Nassau County, Ny
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Financial Information (non-confidential)

General Information
Asking Price $595,000 Down Payment $595,000
Gross Revenues $581,000 Lease Remaining Register Free to View
Owner’s Cash Flow $225,000 Number of FT Employees Register Free to View

Financing

$595,000 Down and

Business Description

Highly profitable music business for sale- established 50 years. Low rent, a long lease and hundred of clients. This store does just under 800 rentals per year. This favorite branded-name music store offers rentals, sales, music lessons and a small repair shop on premises. Note- seller offers his full support and entire staff of 15 counting teachers, and sales staff will stay working. This business is fully-stated, and should have no problem getting financing. Much more then meets the eye here. Several lesson rooms at this location. Seller is including about 200k in rental equipment but, wants dollar for dollar for brand new instruments that are in the store for sale. This store does over 225 music lessons per week! Call broker Jim Aloi for more information. kg

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.