This is a Musical Instrument Service and Repair Business that has been established for many years. The current owner has owned the business since 1973. The business services and repairs instruments for the residential market as well as commercial market. Clients include schools, living assistant places, churches, hotels, community centers, and VFW’s. The business has a great reputation and is competitively priced. Majority of the customers are repeat customers. There is little advertising or marketing effort. They have about 4000 active customers. The hours of operation are Monday – Friday, 9:00 to 5:00.
Niche Service Business – SOLD
Asking Price: | 500,000 |
Categories: | |
Reason For Sale: | Retirement |
Posting Date: | 06/15/2022 |
Gross Sales: | 616,863 |
Cash Flow: | 180,000 |
Facility: | The business operates in 3,500 of leased square feet; The rent is $3,003 per month and the lease expires in 2024. The owner states that a new lease will not be a problem. The business is not dependent on the location; it can be re-located after lease expires |
Employees: | 7 |
Listing ID#: | ps |