MergerPlace

Retail and Rental Music Outlet

Oregon


  • Asking Price: $699,000
  • Gross Income: $1,496,700
  • Cash Flow: $195,000
  • Real Estate: Not Disclosed
  • Inventory: $160,000
  • FF&E: $5,000
  • Listing ID: #218952
  • Established: 1976
  • Employees: 4 FT

Business Description

Bring your love of music to this long standing store. Store is both retail and music equipment rental. Has contracts with school districts for rental music equipment. Bulk of the business is rental recurring revenue.


Business Details

Primary Business Category: Services - Other Services
Location: Oregon

Company Information

Year Established: 1976
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4 FT

Financial Information

Asking Price: $699,000
Gross Revenue: $1,496,700
Cash Flow: $195,000
FF&E: $5,000
Inventory: $160,000
Seller Financing Available: No

Property Information

Facilities:

Busy Strip mall. In very accessible area.

Growth & expansion opportunities:

The opportunity exists to grow the rental and retail market by engaging the internet and social media.

Competition:

The rental market does not have a tremendous amount of competition and is unaffected by the internet sales.

Reason for selling:

Owner is retiring.

Support & Training:

Will train for 2 weeks @ no cost An interest in music would be helpful however there are no special skills required.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Teresa Farrell

Murphy Business Brokers