| Asking Price |
$138,000 | Inventory |
$2,500* |
|---|---|---|---|
| Gross Income |
$217,633 | Real Estate |
|
| Cash Flow |
$88,541 | Year Established | 1994 |
| FF&E |
$45,000* | Employees | 9 |
* included in the asking price
** not included in the asking price
This is an established, well equipped, and well designed music center offering lessons in all instruments and voice. There are large piano studios, lesson rooms, an office, a lounge, restrooms and storage. Lessons are provided to students as well as recital opportunities. Currently, the store sells music only to students, but there is certainly an opportunity to establish a retail component. There is a combination of employees and instructors that rent space to provide lessons. Perfect for a music teacher!
Facilities: Well designed facility with convenient location and plenty of parking. Buildout of approx 42K above what is included in FF and E.
Growth/Expansion: Could do much more retail.
Support/Training: 2 weeks
Reason Selling: Retirement

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