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Music Shop With Music School In Beenleigh For Sale

Beenleigh, Queensland
Asking Price:
$100K - $250K (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (AUD)
Cash Flow:
$250K - $500K (AUD)

Busy music shop for sale. Are you interested or know someone who is?

An established business since 1997. After 21 years Noel the owner wants to get back to his own music career. With good community involvement and a great team of educators and staff Noel has built a very respected business in the music industry. Selling and servicing many schools, retirement villages and business in the area this little shop is busy 6 days a week.

This business has enjoyed growth in a very hard industry. With the potential of growth with online sales, which is not yet available, the growth of more tutors as we have capabilities to double the current student numbers - this business amazing potential for someone to take it to the next level.

Offering lessons 6 days a week, repairs to most instruments, sales, and trade-ins.

Do you want a change of pace and a Job that gets you into the music industry

Complete the contact seller form for more information about the business.

Property information

Real Estate:

Lease

Lease Terms:

We currently have a lease in place that will up for renewal February 2020.

Leasehold Rent:

$26,000 (AUD) per annum

Location:

Beenleigh, Qld

Premises Details:

Self contained building
Consisting of 4 tutor rooms, 3 storage rooms, 1 repair room and shop floor
The lease is current and ready for renewal and negotiation from February 2020

Business Operation

Expansion Potential:

We have not expanded our online presence - so the potential to have online sales is something that could double our turn over.
We currently have weekly online lesson bookings - this also could be expanded.
Our social medial consists of Facebook, Instagram and Google Business all these areas have room of improvement.
After 21years - We have become a little comfortable with what we do, with the right person the place could really do with a refresh and a new push.

Competition / Market:

Our store is unique as we do new and preloved items giving us the edge on price and stock. Most music instrument stores stock the same product always competing on price - we don't stick to the normal products.

Also, we have lessons and repairs which many stores do not offer anymore. Giving the public more reason to visit our store on a regular basis.

Reasons for selling:

After 21 years wanting a change

Trading hours:

Monday to Friday 10am to 6pm
Saturday 9am to 3pm

Employees:
10
Years established:
21

Other Information

Support & training:

Staff are there ready to run the business, and there would be a handover period

Furniture / Fixtures value:
$20,000 (AUD) - included in the asking price
Inventory / Stock value:
$80,000 (AUD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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