Beloved Music Store Provides: Gear, Lessons and Performance Venue w $100K Inv.!!!
Santa Clarita Valley

This business was established in 1989 and is located in northern Los Angeles County. 

It is prominent in the community and is a combination of music store, music school, repair shop, and performance venue.

It was established in 1989 and underwent a transformation in 2019. 

This business offers professional music lessons with a facility housing 10 lesson rooms, including those equipped with acoustic drum sets and electric pianos/keyboards. Additionally, they feature a performance venue, "The Stage Door," which includes a full grand piano, acoustic drum set, amplifiers, a PA sound system, professional stage lights, and can accommodate up to 60 seated or 80-100 standing attendees. 

They pride themselves on offering a comprehensive service that includes education, a variety of musical instruments, a massive e-commerce store, and professional repair services. They maintain a significant online presence and engage with customers through platforms like Reverb, Instagram, Facebook, and TikTok. 

An award winning business, they hold the award as one of the Top 10 Music Stores in the World voted by the NAMM Foundation in 2022 and secured a Top 100 Music Stores in the World Award voted by the NAMM Foundation.

Additionally, there are a number of ground-breaking partnerships in the work that will likely set the business up for many years to come! 

If you have a passion for the arts and want to be a part of the journey from getting started to stardom – this is the business for you!

Listing Number:

22943

Category:

Retail

Location:

Santa Clarita Valley
$150,000

Financial Information:

Gross Revenue:

$739,029

Listed Price:

$525,000

Down Payment:

$0

Total Income:

$4,197

Year Established:

1989

Lease Information:

Square Feet:

6800

Total Rent:

$10,927

Lease Expiration:

$70,000

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$70,000

Equipment / Fixtures:

$83,420

Inventory:

$100,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

0

Part-Time Employees:

14

Special Licence Required:

N/A

Contract Staff:

0

Training Period:

4 weeks

Reason for Selling:

Other Business Interests

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Michael Preston
Office: 4248323410 | Cell: 3109947037
License #: CA DRE 02075182

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Beloved Music Store Provides: Gear, Lessons and Performance Venue w $100K Inv.!!!
Santa Clarita Valley

Listing Number:

22943

Category:

Retail

Location:

Santa Clarita Valley

Listed Price:

$150,000
brokerPhoto
Michael Preston
Office: 4248323410 | Cell: 3109947037
License #: CA DRE 02075182
This business was established in 1989 and is located in northern Los Angeles County. 

It is prominent in the community and is a combination of music store, music school, repair shop, and performance venue.

It was established in 1989 and underwent a transformation in 2019. 

This business offers professional music lessons with a facility housing 10 lesson rooms, including those equipped with acoustic drum sets and electric pianos/keyboards. Additionally, they feature a performance venue, "The Stage Door," which includes a full grand piano, acoustic drum set, amplifiers, a PA sound system, professional stage lights, and can accommodate up to 60 seated or 80-100 standing attendees. 

They pride themselves on offering a comprehensive service that includes education, a variety of musical instruments, a massive e-commerce store, and professional repair services. They maintain a significant online presence and engage with customers through platforms like Reverb, Instagram, Facebook, and TikTok. 

An award winning business, they hold the award as one of the Top 10 Music Stores in the World voted by the NAMM Foundation in 2022 and secured a Top 100 Music Stores in the World Award voted by the NAMM Foundation.

Additionally, there are a number of ground-breaking partnerships in the work that will likely set the business up for many years to come! 

If you have a passion for the arts and want to be a part of the journey from getting started to stardom – this is the business for you!

Financial Information

Gross Revenue:

$739,029

Listed Price:

$150,000

Down Payment:

$0

Total Income:

$4,197

Year Established:

1989

Lease Information

Square Feet:

6800

Total Rent:

$10,927

Lease Expiration:

03/2025

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$70,000

Equipment / Fixtures:

$83,420

Inventory:

$100,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

0

Part-Time Employees:

14

Special License Required:

N/A

Contract Staff:

0

Training Period:

4 weeks

Reason for Selling:

Other Business Interests

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.

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