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Musical Instrument and Audio Equipment Business for Sale in Selby, North Yorkshire

Selby, North Yorkshire
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Musical Instrument and Audio equipment business for saleMusical Instrument and Audio equipment business for saleMusical Instrument and Audio equipment business for saleMusical Instrument and Audio equipment business for saleMusical Instrument and Audio equipment business for saleMusical Instrument and Audio equipment business for saleMusical Instrument and Audio equipment business for sale
  • Status

    FOR SALE

  • Advert ID

    638308

  • Leasehold: £17,500
  • Rent: £8,580 (£715 per month)
  • Turnover: £18,500 (£356 per week)
  • Profit: On request

Key Features

  • Small Business
  • Open Plan Trading Area
  • Retirement Sale
  • Free of Tie Leasehold

Business Details

Musical Instrument and Audio equipment business for sale

For sale is a well-established musical instrument and audio equipment business located in Selby, North Yorkshire. This business is ideal for anyone who has a passion for music and is looking to own a thriving enterprise. It features an extensive collection of acoustic and electric guitars from renowned brands such as Fazley, Squire, Cort, Epiphone, Fender, Encore, and Vintage. In addition to the guitars, a wide variety of essential accessories are also included, ranging from Ernie Ball guitar strings to straps, bridges, capos, and guitar tuners.

The business comes fully equipped with a designated Electric Guitar Room, which boasts amplifiers, pedals, and recording studio hardware. Included is a semi-large console—a Soundcraft MH3 40 mixing desk—originally used as a studio desk, now part of the sale. The Live Equipment Room showcases professional-grade P.A. speakers, smaller mixing desks by Midas and Mackie, along with microphones, cables, and additional outboard hardware.

A considerable stock of equipment is also available in the large store area at the rear of the building, which has not all been documented in the inventory, presenting an exciting opportunity for the buyer to increase profitability. The premises include two additional store rooms, an office, and a kitchen/WC area, providing ample space for operations.

Significantly, all brand new items are priced at trade value rather than their recommended retail price (RRP), while the pre-owned equipment has been priced competitively based on current market values. This well-equipped recording studio is ready to support various sound recording requirements with an extensive inventory of microphones and accessories. The well-organized display area for musical instruments offers high visibility and easy access for customers, enhancing the shopping experience.

Important information includes that the business has been established for one year, and the current owner has run it for the same duration. There is no local competition, adding a strategic advantage. The sale includes three custom-built rooms, which can be converted back into a recording studio, along with furnishings such as sofas, chairs, desks, and tables.

The reason for selling this small business is to start a work-from-home venture. As of now, there are no employees. The business currently has an online presence with products for sale on a newly established website, and the current owner is willing to provide necessary training to the new owner.

This leasehold business is available at an asking price on request, with a current turnover of £18,500 and an annual rent of £8,580. All stock is included in the sale, and accounts are available for review. The opportunity is owner-financed, with the sale motivated by the owner's impending retirement. The premises feature an open-plan trading area and offer potential for alternative uses, all within close proximity to local amenities.

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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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