| Asking Price |
$14,200 | Inventory |
$2,500* |
|---|---|---|---|
| Gross Income |
$10,000 | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 2008 |
| FF&E |
$500* | Employees | 0 |
* included in the asking price
** not included in the asking price
This business designs, manufactures and sells straps for musical instruments such as guitars, banjos, mandolins, dobros, harps and dulcimers. Our straps are very unique and sell very well worldwide through our website. We also sell them, as an accesory to our main product line, at music festivals and concerts. A buyer who is a musician and likes to attend music festivals with these, and related products would have a great business. We have assembled an excellent foundation to get this business started, including a professionally designed logo, registered trademark, ecommerce website and innovative products. We have many ideas and plans for how a new buyer could really expand and grow. The business can be ran at home from anywhere with an Internet connection. It requires no employees, can be run part time and requires little in the way of inventory.
Facilities: This business can be ran at home as long as you have a desk, workbench and small amount of storage. One average size bedroom would very comfortably hold the entire business.
Competition: There is A LOT of competition in some parts of this market, such as guitar straps. In other parts such as mandolin straps, there is very little. However, the product is unique and the market is large. There is plenty of room for a good product. By expanding the product line you would draw even more visitors to the website.
Growth/Expansion: Our plans for this business included the following: 1) Add new lines of straps. 2) Expand our fabric selections to over 200. 3) Develop holiday themed products. 4) Add related products such as picks, tuners and metronomes. 5) Develop a dealer market.
Financing: None
Support/Training: We will provide onsite training for 1 day, or more if needed. Additional support will be available for one month.
Reason Selling: Running this brand is taking time from our core business.

Steve Simmons
303-956-7692
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