Unique music shop in Ashford Kent available for sale due to owner's retirement
Ashford, Kent
- Status
FOR SALE
- Advert ID
640130
- Leasehold: £75,000 (Stock at valuation)
- Rent: £16,200 (£1,350 per month)
- Turnover: £108,000 (£2,077 per week)
- Profit: £10,000 (10% Profit margin)
Key Features
- Accounts Available
- Established Business
- Small Business
- Retirement Sale
Business Details
Music shop
Welcome to our unique retail establishment, where we offer a diverse selection of gifts and games suitable for all interests and age groups. In addition to a variety of gift items, we specialize in bicycle parts and accessories, as well as fishing equipment, including bait. Our store attracts a number of enthusiastic cyclists and avid anglers who visit the nearby fishing lakes, making us a hub for local hobbyists.
We pride ourselves on our extensive range of musical instruments, with a particular focus on guitars. From collectible pieces to lovingly pre-owned instruments sold on commission, we ensure there's something for every musician. Additionally, we provide music lessons across various instruments, including piano, violin, bass guitar, electric guitar, ukulele, drums, clarinet, and flute, catering to learners of all levels.
Beyond our instrument offerings, we also offer services that include bike repairs and instrument servicing. Our shop features a selection of sheet music and music books, and we provide watch battery installation, making us a one-stop shop for music and hobbies. Our inventory encompasses wooden toys, model train sets, Scalextric, jigsaw puzzles, and small homeware gifts, ensuring there's plenty to explore for every visitor.
With 14 years of operation in the heart of Ashford, Kent, we have established ourselves as the sole music and tuition shop in the area. The business has shown a consistent increase in turnover and benefits from surrounding amenities such as restaurants, coffee shops, supermarkets, and more, all of which draw customers to our location. Our leasehold price is £75,000, with a current turnover of £108,000 and an annual rent of £16,200, yielding a profit margin of £10,000.
This retail opportunity is available due to the owner’s upcoming retirement. The business operates with self-employed staff, which alleviates management stress, and offers the potential for the new owner to receive training based on their individual needs. The shop is fully fitted and located centrally in a prosperous village with adjacent retailers, presenting an attractive business proposition. Accounts are available for review, and offers are welcome.
Join us in continuing the legacy of this distinctive business, rich in community and passion for music and hobbies!
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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.
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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.'.
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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.
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