Route 60 Music

Barboursville, WV
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Asking Price:$300,000
Established Year:2001
Real Estate:$2,000,000
BUSINESS DESCRIPTION

Route 60 Music has been providing music lessons, merchandise and repair services since 2001. The owners have enjoyed the journey of nurturing talented musicians and servicing the community, but are now looking for new ownership to take on the mantle and continue the legacy.

Route 60 Music provides a wide selection of new and preowned instruments, along with repair services. The merchandise selection ranges from acoustic and electric guitars, bass guitars, amplifiers, ukuleles, banjos, violins, mandolins, digital keyboards, sound systems, recording gear, and all the necessary accessories.
The School of Music offers lessons for guitar, bass, piano, drums, mandolin, violin, banjo and voice.

The 60 Peyton Street location was specifically designed and constructed in 2007 for Route 60 Music. This easy to access location features 20-foot-high ceilings and concrete flooring. The retail area boasts a humidifier that maintains consistent climate conditions for sensitive stringed instruments. The building also includes a display platform that doubles as a stage for various performances. Parking is available for up to 32 cars with four separate A/C units that maintain efficiency in different areas of the building.

The School of Music features ten rooms that are each 10ft x 10ft in size, with a separate exterior entrance lessons outside of retail hours.

Additionally, the building has a second story above the garage and music school that has its own A/C. The space has been used for music recording, band practice, and inventory storage, with endless possibilities for future use. Surrounded by 1 acre of property, the building also features a grassy flat area behind it that can be used for outdoor concerts or other events.


DETAILED INFORMATION
Location
Barboursville, WV
Inventory
Included in asking price
Real Estate
Owned
Building SF
10,800
Employees
5
Growth & Expansion
School of Music: With 40% profit margins on lessons and low overhead, focusing on this area can boost the top line revenue. As the School of Music grows, it will naturally support sales on the retail side of the store with instrument upgrades and accessories. Live Music: The 'Display Platform' offers a variety of possibilities for live performances. It's a great spot to host performances, recitals, group classes, etc. Outdoor concerts can be hosted in the green space. On-Line Sales: Offering merchandise sales online reaches an expanded demographic.
Support & Training
To ensure success, the owners are willing to train new ownership for a negotiated amount of time.
Reason for Selling
Retirement
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Alaisha
Daniels
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Alaisha Daniels