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BUSINESS FOR SALE - PROFILE #  41980140

Best printed music store between NY & Boston
Connecticut

Asking Price: $208,000   Down Payment: $208,000  
Gross Revenue: $500,000   Adj. Cash Flow*: $58,344  
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Executive Summary
This is a highly respected sheet music store in an excellent and attractive location. Since 1975, the store has been known for its fine inventory and expert service, and has earned a well established reputation as a sheet music source for its loyal customer base. Even in an adverse economic environment and increased competition from on-line sources, the store has been financially beneficial for its owner. The store has a large and faithful customer base that stretches over its 37 years of operation, with close ties to a major music school and multiple performance groups.  This is an excellent turnkey opportunity for a person interested in music who would like to be part of a collegiate and community music scene, and to manage an enjoyable traditional business in a charming store.

Acquisition Highlights

  • A solid, well-established fixture of a vibrant musical community
  • Dedicated staff works 3 days each per week
  • Store is near music school, performance venues
  • Founded by owner's mother 37 years ago
  • Financing Information:  will be considered
  • Training Information:  8 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1975 Inventory: $152,000 Included
Employees: 4 PT Furniture, Fixtures & Equipment: $1,000 Included
Lease/Rent: $2,000 Real Estate:
Building Sq Ft: 2000/ 2 floors
    Total Assets Included in Sale: $175,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Jeff Swiggett
Phone:  (203) 772-3773
Fax:  (203) 772-3713
E-mail:  jeff@vrnutmeg.com
VR Business Brokers - New Haven CT
941 Grand Ave
2/F
New Haven, CT 06511
www.vrnutmeg.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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