*** SOLD ***
Music Shop
Listing: #12782About this Business for sale in
Music ShopThis music shop has been established for approx 15 years and is renown throughout New Zealand for the quality of their products and service. Located in Waihi the business is central to service many surrounding communities such as the Coromandel, Whitianga, Whangamata, Paeroa, Katikati, Ngatea, Thames and Te Aroha. The shop has an extensive range of Musical Instruments and accessories to suit the needs of surrounding schools & organizations as well as novice and professional walk in customers. In addition to Musical Instruments the shop has a successful history of selling Stereo Equipment, CDs, DVDs and LPs. If you are a lover of music then this business offers you the perfect opportunity to run your own lifestyle retail shop which generates additional revenue from guitar tuition. The business is frequented by music lovers from all over New Zealand who also have the opportunity to continue to buy via a very impressive e-commerce website. The shop operates from Monday - Saturday with music lessons three afternoons a week in the custom built music room. Past figures show turnover stays steady throughout the year rather than dramatically dropping in winter. Guitar tuition is operated within in the premises - any new owner who can play guitar could increase the profits of the business by becoming involved with the tuition, however you do not need to be a musician to run this business. Good lease, plant and stock all in place. The business can be easily operated by 1 x working owner. Sales over the past 3 years are up, and the future of this business looks very bright. Excellent management system in place for both stock and client database. If you love music and want to earn an excellent living ,this business is a must see. Price excludes Stock
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.