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Musical Instrument Retail Store Going concerned and assets for sale Kent

Undisclosed, Kent

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    28/03/22

  • Advert ID

    292871

  • Rent: £14,700
  • Turnover: £260,000 £5,000 Per week
  • Net Profit: On request

Business Details

Musical instrument retail store for sale

For sale is a very well established musical instrument retail store of 20 years. It is based in the county town of Kent and positioned within a busy pedestrianised location. It is currently a general music store that sells a wide selection of musical instruments and accessories.

The sale includes all fixtures and fittings, domain name and e-commerce website and third party online accounts, with existing stock purchased at an agreed value.

Fresh ownership with thorough IT knowledge and online know-how is needed to take this very established business into the next progressive 20 years. Leading brand dealerships with Fender, Yamaha, Korg and more readily available.

Get in touch for more information.

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Key Features

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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