Highly Profitable Simi Owner Absentee Musical Gear Franchise with Inventory included

(DIanT2_QCW8q7TslVWX-a)large-IMG-2366.jpg.jpg
(MI_bPo7XRva5DdxIr_Y40)large-IMG-2367.jpg.jpg
Contact Broker
Mail Print Save

Retail Businesses for Sale

  • Primary Category: Other Retail Businesses for Sale

Imagine owning a thriving used musical instrument store right in the heart of Central NC. This business has become synonymous with quality, boasting a loyal clientele drawn in by our top-notch products, stellar customer service, and inviting atmosphere. And guess what? Thier already a hit online, with a website that's as smooth as a finely tuned guitar riff, bringing in instant profits and earning the stamp of approval from the SBA and our bank.

But here's the real kicker: you don't have to be tied down to the store 24/7. As a semi-owner absentee business, you'll have the freedom to let your investment grow while still enjoying the fruits of your labor. And with our turnkey setup, you'll be up and running in no time, ready to rock the business world like a pro.

But that's not all. We're not content to just rest on our laurels. We've got big plans for the future, including expanding our hours to Sundays, delving into the lucrative world of band equipment sales, and ramping up our online presence even further. The stage is set for growth, and we want you to be front and center.

So if you're ready to turn your passion for music into a profitable business venture, now's the time to take the leap. Reach out to Aliyah Brandon at [email protected] or give her a call at (336) 938-2684 to learn more about this exciting opportunity. Let's make some beautiful music together!

Financial Information

  • $275,000 Asking Price
  • $123,715 Cash Flow
  • $965,542 Gross Revenue
  • $42,500 Down Payment
  • Yes Financing

Business Location

  • City: Greensboro
  • State: North Carolina

Reason for Sale

  • Ready to spend more time with family

Detailed information

  • Year Established: 1997
  • Home Based: No
  • Franchise: Yes
  • Relocatable: No
  • Lender Prequalified: Yes
  • SBA Prequalified: Yes
  • Full-Time Employees: 3
  • Part-Time Employees: 1
  • Contractors: N/A
  • Owner Worked Hours/w: 40
  • Adjusted EBITDA: N/A
  • Inventory Included: Yes
  • Inventory Value: $150,000
  • Monthly Rent: $5,220
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Building Size: 3500
  • FF&E Included?: Yes
  • FF&E Value: $10,000

Training/Support

  • Franchise Training Provided

Market Outlook/Competition

  • Only store in a five-mile radius
Business Listed by
image of Aliyah Brandon
Aliyah Brandon
Sunbelt of Durham
Email Aliyah
Show Phone Number
Listing ID
DURHANC001-53427

Contact Business Broker

"*" indicates required fields

Name*
Newsletter
This field is for validation purposes and should be left unchanged.

Similar Businesses for Sale

Image of Durham County Pawn Shop for sale with $48,000 Inventory Included Save

Durham County Pawn Shop for sale with $48,000 Inventory Included

 Durham County, North Carolina

Attention all entrepreneurs! For sale: Newly established pawn shop in Durham County, North Carolina! This pawn shop is an incredible...

$96.6k Gross Revenue
$30k Cash Flow
Asking Price $75k
View Listing Save
Image of Bridal & Formal Wear Retailer, with $320K Inventory Included Save

Bridal & Formal Wear Retailer, with $320K Inventory Included

 Raleigh, North Carolina

Offering the most up to date stock in bridal wear this business has earned an incredible name recognition in the...

$1.115m Gross Revenue
$200k Cash Flow
Asking Price $730k
View Listing Save