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Businesses For Sale > Business For Sale in Nashville,, Arkansas (AR)
Music Store in Beautiful Historic Building for sale in Nashville,, AR
Nashville,, Arkansas (AR)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 185,000 |
$ 148,000 |
$ 46,000 |
Furniture and Fixtures Value:
$ 8,000 (included in the asking price)
Inventory Value:
$ 20,000 (included in the asking price)
Real Estate:
$ 120,000 (included in the asking price)
Business Summary:
-Historic 1892 building (Two halves that can be used together or divided for other purposes - approx. 6000 sq. ft. total)
-Cool custom designed neon sign outside
-Full inventory of new and used instruments and accessories
-All displays and fixtures in the showroom
-All office supplies used in running the business(plus the refrigerator and microwave)
-Our current guitar and violin student load - currently around 30 students (The teachers, who are independent contractors, have indicated that they would all be willing to continue on with the new owner)
-The advantage of an established music store and customer base
-A list of our current suppliers, etc.
-Help getting oriented with the store and customers at the beginning (if the new owner wants this)
-The only things we are taking from the store are the repair tools, projects, repair supplies and some personal items.
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| Year
Business was Established: 2002 |
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| Potential
Growth/Expansion:
*ADVERTISING. We have not done any advertising to speak of in many years. We have purposefully held the store back a little so that the two of us could run it without any employees.
*Also,add SOUND AND LIGHTING. We had this many years ago and it was very profitable. Greg does guitar building, repair and restoration and the sound sales and installation cut into his time working on guitars. We had to make a choice. He loved doing the repairs more (but sound was probably more profitable). |
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| Competition:
The nearest full-line music store is in Texarkana, which is one hour away.(We actually have many customers that come to our store from Texarkana). Nashville is the hub for a number of small towns surrounding it. So we get a lot of customers from Nashville and these surrounding areas. We also have many customers who come from Oklahoma, Texas, North Arkansas and other states on a regular basis. |
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| Owner
willing to train:
Yes. |
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| Reason for selling:
We are moving to Northwest Arkansas to be closer to our grown kids and family. We will have a repair and restoration shop there, but do not have the room for the inventory/retail part in our new building. |
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Seller Reference Number: bm1981689956
BusinessMart.com Listing Number: 171731 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
870-845-0001
Greg Nunley
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