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Music Instrument Shop And Online Business For Sale

East Riding of Yorkshire
Asking Price:
Under £50K Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Cash Flow:
Under £50K

Music Instrument Shop and Online Business For Sale:

Located in a desirable East Yorkshire Market town, enjoying prime town centre trading position. A destination business with an excellent reputation having been established and trading for nearly 20 years.

Currently run by a husband and wife team (without the need for extra staff). The business has a strong bricks and mortar shop and comes with excellent e-commerce website that exports musical instruments worldwide.

The business is currently main dealers for Korg, Yamaha and Casio keyboards and Tanglewood, Guild, Ibanez and Aria guitars. The business has a large stock of music books and accessories which is popular with local residents and visitors to the town.

The business also runs a music school from the four rooms above the shop with a team of self employed tutors providing over 80 music lessons per week and there is still scope to extend this part of the business.

The business benefits from a low rent of £145 per week including a useful private car parking space behind the shop.

Sales for 2017 exceeded £85,000 with a Gross Profit of over £56.000 and a gross profit margin (GPM) that exceeded 55%
Sales for the first 6 month of 2018 have seen an increase of £10,000 on the first 6 months of 2017 with a GPM exceeding 60%.

The business has minimal overheads and this is a reliable profitable business with a genuine reason for sale as the current owners wish to retire.

Leasehold £20,000 plus stock at value

Property information



Lease Terms:

A new 3 year lease

Leasehold Rent:

£7,000 per annum


High Street Location

Premises Details:

Brick built Shop with two retail sales area and four teaching rooms

Business Operation

Expansion Potential:

The music school could be expanded

Competition / Market:

No local competition

Reasons for selling:


Trading hours:

Mon- Sat 10am until 5pm

Years established:

Other Information

Support & training:

two weeks full time training if required

Furniture / Fixtures value:
£3,000 - included in the asking price
Inventory / Stock value:
£35,000 - included in the asking price
This business can be relocated.

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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