Music Retail Business x 2 Stores Western Sydney | ID: 1181

Priced to sell, this long established and profitable music business is a privately-owned family business run under semi mgt. 

The business sells a wide variety of musical instruments for beginners, students, and professionals and has a strong Tuition School income stream. 

Positioned in two key locations allows servicing of a very large capture area.

This is a strong and resilient Covid Proof business with consistent results. Recent average sales are in the range AUD $1.7m to $2m per annum.

Key Features include :

-Long term competent staff have extensive music knowledge and retail experience.

-Stores well located on main street CBD

-Long standing relationships with numerous local schools

-Excellent network with local musicians, teachers, luthiers, music production and industry personnel

-Proactive and regular social media interactions 

-Trusted and Reputable business established 26 years.

-Functional showroom & storage areas.

-Trading 7 days per week at main location , 5 days at secondary location.

-Repeat customers/Loyal clientele.

-Business successfully run under semi management

-Lease running to Oct 2023 with lease renewal indications highly positive

-Low rent equating to 7% of sales. 

-Business set up by industry expert and enjoys support from national industry leading brands

o Genuine growth / value-add opportunities

o All accountant prepared financials available for review.

 

If you would like to know more about this business please complete our online confidentiality agreement here:

https://www.abbabusinesssales.com.au/ca-forms/ca-form-1181

 

or visit our Website www.abbabusinesssales.com.au and use the reference #1181 to search for the business.

 

Please note: A stock image has been used and does not reflect the actual business for sale.

Suburb Penrith
Price $299,000 + SAV
Property Type Business
Property ID 1181
Category Retail, Leisure/Entertainment, Education/Training

Agent Details

Saurab Phanse photo

Saurab Phanse

0404352555
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Eddie Spurr photo

Eddie Spurr

0417 251 015
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