Successful Musical Instrument Shop And E-commerce Web Site For Sale | | Undisclosed Buckinghamshire | | Well respected Retail Shop, Provider of Instrumental Tuition, Brass & Woodwind Repair and the only Digital Piano and Sheet Music retailer in the area. There is huge scope for future development of the business: Hi-Tech, Drums, Pianos, Hi End Keyboards etc Lease to let or rent Successful Musical Instrument Shop And E-commerce Web Site For Sale is located in Buckinghamshire. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 31681
ADVERT IMPRESSIONS : 56,685 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Music & Record Shops | | SALE: | Private Sale | LEASEHOLD: | £35000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | PRICE:
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The Price quoted includes Fixtures and Fittings but excludes stock. Stock is currently estimated at £45,000. BUSINESS SUMMARY:
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The business was established originally as an e-commerce only Musical Instrument Retailer but now after several re-modelling attempts the business is a well respected Retail Shop, Provider of Instrumental Tuition, Brass & Woodwind Repair service and the only Digital Piano and Sheet Music retailer in the area. The e-commerce presence is still very much there but the business is now less reliant on it as the only source of income. There is huge scope for future development of the buisnes - we have already started by adding Acoustic Pianos - but the city no longer has a Drum Centre, Hi-Tech Centre or High End Keyboard Centre. All these sub markets are there for the taking with the nearest Hi-Tech and Top End Keyboard centres more than 20 miles away. There is space within the current premises to add at least one of these. With a strong focus on Education and classical instruments the customer base is very wide and sees a vast amount of support from the local music services and their teachers. As the only Brass and Woodwind shop in the city we have well developed contacts with local Brass / Wind Bands, not to mention links with the Choirs and an ever expanding list of private teachers. PERFORMANCE:
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Turnover: £250,000
Gross Profit: £55,000
LOCATION:
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Current Opening Times: Tuesday to Saturday 10am to 5.30pm
We are located just a few miles from the Centre of Milton Keynes on a small retail park. Access is very straightforward via the Milton Keynes network of dual carriage ways and roundabouts or via the "Red Ways" - purpose built pedestrian / cycle ways routed away from the main highways. From Central London:
55 Miles
By Car: 1 1/4 Hours
By Train: 35 Minutes
From M1 Jct 14:
6 Miles / 13 Minutes
From CentreMK: ( Milton Keynes City Centre)
3 Miles / 5 Minutes
From Northampton:
17 Miles / 31 Minutes
From Birmingham:
68 Miles
By Car 1 1/4 Hours
By Train: 55 minutes
PREMISES:
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Lease: £13000 / An. Rates: £3800 / An. The property is leasehold with the lease expiring on 31st October 2011. The current business owners have negotiated a 12 month and 24 month break clause with a simple 3 month notice period. The building is a single storey brick built unit in an out of town business park offering the customers free parking literally on the door step. The whole business occupies 1400 square feet and has been divided by the current owners in to approximately 45% Retail, 20% Teaching, 30% Storage and Packing, 10% Office. Additionally there are two toilets and a kitchen. The property is carpet tiled throughout, steel bars to vulnerable windows and blinds to all windows and glass doors. There is a full intruder alarm including movement sensors. The whole premises can be monitored from the back office using CCTV 24 hours a day -remote access to the CCTV is also possible. The office, EPOS, Retail area PC and the Clavinova area all have a wired high-speed network connected to all other PCs and the internet. EXPANSION POTTENTIAL
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Extending opening hours - We're currently closed Sunday and Monday. Drums - we have offered small electronic kits in the past - but there are no other shops offering Drums in Milton Keynes. Acoustic Pianos - since Chappells closed the nearest Piano Shop is 5.2 miles away but they don't offer digital pianos or NEW Acoustic pianos from major suppliers like Kawai, Kemble or Yamaha. We have just commenced trading with Kawai on their Acoustic Pianos - we have also discussed working with Kemble Pianos - the door appears to be open to us when we are ready. High Tech - It's not been our thing at all because of the dominance of Sound Control in the past - but the high tech end of the market is not being met anywhere within a 25 mile radius of Milton Keynes. Roland Keyboards and Pianos, Korg Synths, Hi End Yamaha Keyboards and Synths, Backline amplification, Mixers, Recording etc. - none of it is being offered locally. High End Brass, Woodwind and String Instruments: So far we have concentrated on Student instruments - but the nearest pro shops are 30-50 miles away. Definately scope here with the right cash injection for the stock. | | | | | | EXPIRED - AWAITING DELETION | | | | | REFERENCE: | 31681 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
