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BUSINESS REFERENCE : 7634 / RightBiz LEASEHOLD MUSIC SHOP, DURSLEY, GLOUCESTERSHIRE | | | | | | Music Shop Gloucestershire Established since 1998. Huge potential to expand. Thriving business. T/O: £180,000 | | | BUSINESS LOCATION: | Dursley Gloucestershire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Music & Record Shops | | SALE: | Agent Sale | LEASEHOLD: | £119000 + SAV | | | | | | | | | | | BUSINESS DETAILS: | Bag A Business are delighted to offer for sale this highly regarded and profitable niche specialist music shop. This unique business has been established since 1998. During our client's ownership the business has built up an excellent reputation and vast local and surrounding counties clientele. Due to our client looking to semi-retire this specialist concern has now been placed onto the market. The shop stocks high level musical instruments but specialises in high quality electric and acoustic guitars such as Marshall, Brooke, Fretking, Maverick, Steve Toon, Heretige, Pete Beer, Freshman, Tanglewood and Italia. The business is also the exclusive supplier of Vanquish guitars.There is a fully functioning service and repair business attached, which would be available to the new proprietor under separate negotiations. Our client has developed a superb business with no competition in the immediate area. Currently the business has projected a turnover in the region of £180,000.00 per annum, which, with the introduction of new and exciting dealerships will offer unparalleled distributor privileges will further increase this figure substantially. There are already 3 dealership contracts in-situ, one of which is a sole right distributorship. With approximately 650 sqft of fully racked and shelved display units which, have been installed by the current owner, these would also be available under separate negotiation along with bespoke security shutters.
This business is located in the county of Gloucestershire, with easy access to Gloucester, Bristol and Cheltenham. Having excellent access to motorway links with fast access to London and the surrounding country. Dursley is undergoing a massive redevelepment with 600 houses being built, a Sainsbury's and a new business and retail park.
FINANCIAL PROFILE
Turnover: £180,000 (Approx.)
OPENING HOURS
Mon - Fri: 09.00am - 5.30pm
Sat: 09.00am - 5.00pm
GROUND FLOOR
Larger than average double aspect corner premises
Customer service area
Raised display area
Very bright and spacious
Ample storage, shelving and racking systems
Repair and service area
WC
Kitchenette
Large Storage room to rear
TENURE
Leasehold
Original: 10 years.
Remaining: 1 3/4 years.
Review: 3 years.
Rent: £10,000 per annum | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 7634 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
