Great Hobby Biz: Musical Instrument Store! (17901
Cash Flow: | $29,117 |
Inventory: | $65,665 |
Established Year: | 1988 |
Gross Revenue: | $499,895 |
FF&E: | $46,960 |
Accepting Offers! Located in a Charming Foothill Community within the Greater Sacramento area of California, the business offers the sale and rental of quality musical instruments, live sound and recording equipment, accessories, and more. The store has a great reputation for their range of specialized products, from acoustic and electric guitars, to amplifiers, effects pedals and keyboards. Bass, drums, electronic pianos, stringed and brass instruments are also available. For added income streams, expand product expansive lines to include Fender & Gibson or start adverts online to maximize local outreach. Music grants are coming in for school programs showing a promising future. Thanks to its convenient whereabouts in a desirable area, more opportunities exist in taking business to the next level through e-commerce, strategic expansions & possible streamlining optimizations. The workplace is a prime retail space that totals 7,000 square feet found inside a shopping center, is surrounded by parking lot, and holds a long-term tenancy; the property is well-conditioned. Having 75% of their inventory owned, the Revenues from 2022 to 2023 were consistently around $500,000! The seller is part of the skilled pairing of two employees. Beyond the standard transitioning, the Seller agrees to stay post-purchase for the new owner to focus on business growth and aggressive marketing as the Seller wants to see the business flourish. Besides a maintained website and some engagement on social media, store promotion relies mostly on community support and customer-orientated business, backed by ongoing referrals.
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