Home Business For Sale Music Retail and Tuition – 50-year history

For Sale

Reference Number: bus5187

2 days ago

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Reece O'Sullivan

Reece O'Sullivan See all ads

+610419 198 584

Music Retail and Tuition – 50-year history

Retail

Entertainment/Tech

Western Australia

Perth - Greater

$440,000 WIWO

Business Overview

This opportunity will be music to your ears!

Are you passionate about music and ready to hit the right notes in the business world? Look no further! This well-established and beloved music store, located in Eastern Region of Perth is up for grabs. This is your chance to own a harmonious business and leave the 9-5 behind for good.

Providing a combination of retail sales and music lessons, this business is ideally suited to someone with a musical background looking to expand their horizons.

Business Snapshot:

Revenue: 1200000

Stock Value: 300000

ROI: 40% p/a

Earning Type: PEBITDA

Earning Type Value: 174000

Current 4 year average profit circa $174k

inventory of musical instruments, equipment, and accessories with estimated value around $300,000

The Key Details:

Prime Location: Nestled in the heart of the gateway suburb to the hills, this business has been serving the community for over 50 years. Located in a bustling area with high passing traffic, the store enjoys excellent visibility and accessibility.

Diverse Inventory: The business boasts an extensive and diverse inventory, catering to musicians of all levels and genres. From guitars to keyboards, sheet music to accessories.

Loyal Customer Base: Over the years, the business has cultivated a loyal customer base. Musicians and music enthusiasts alike frequent the store for its excellent service, knowledgeable staff, and quality products.

Online Presence: In tune with the times, there is also an online presence, including a user-friendly website and active social media profiles. This provides potential for an additional revenue stream and outreach to a broader audience.

Profitable: The business has a proven track record of profitability. With the right vision and strategy, there's ample opportunity to scale and grow even further

Lease: Transferable lease for the current premises, ensuring continuity and stability on attractive market terms.

Online Platforms: Ownership of the website and social media accounts, with a built-in online customer base.

Vendor Relationships: Established relationships with reputable suppliers and vendors.

Existing Customers: A long list of both retail and music lesson customers are part of this sale providing the ability to earn an income from day one.

Summary

Why Buy? Passion for Music: If you have a passion for music and want to turn it into a thriving business, this is the perfect opportunity. Proven Success: Benefit from the store's established reputation and years of success in the industry. Expansion Potential: Explore avenues for growth and expansion in a thriving market. Community Engagement: Become an integral part of the local music community and build on existing relationships. Turnkey Operation: With everything in place, this is a turnkey operation ready for a new owner to step in and hit the ground running. Don't miss your chance to own a piece of the music scene! Serious inquiries only. For more information and to schedule a confidential discussion, contact us. Confidentiality: All inquiries and discussions will be treated with the utmost confidentiality. FOR SALE: $440,000 WIWO (Based on $140,00 + Stock at Value) Contact the exclusive broker: Reece O'Sullivan Benchmark Business Sales & Valuations M: 0419 198 584 T: 1300 366 521 If you’d like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus5187 to search for the business. Please ensure you have the necessary capital before expressing an interest in this business. The image shown is for illustration purposes only and may not be an exact representation of the business. Benchmark Business Sales and Valuations

Music Retail and Tuition – 50-year history

Retail

Entertainment/Tech

Western Australia

Perth - Greater

$440,000 WIWO

Contact Business Broker

Reece O'Sullivan

Reece O'Sullivan See all ads

+610419 198 584

Contact Business Broker

Reece O'Sullivan

Reece O'Sullivan See all ads

+610419 198 584

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