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Music Shop for Sale in Coppull Lancashire – Wax Musical with Online Sales and Repair Services

Coppull, Lancashire
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Strike the Right Chord – Established Music Shop with Online ReachStrike the Right Chord – Established Music Shop with Online ReachStrike the Right Chord – Established Music Shop with Online ReachStrike the Right Chord – Established Music Shop with Online Reach
  • Leasehold: £29,999
  • Turnover: £79,000 (£1,519 per week)
  • Profit: Not Applicable

Business Details

Strike the Right Chord – Established Music Shop with Online Reach

Business
Please quote reference B09532

CoGoGo is delighted to bring to the market Wax Musical, a well-regarded leasehold music shop offering a specialist mix of instrument sales, repairs, restoration and restringing services.

The business is fully relocatable, offering a rare opportunity for a new owner to operate from a location of their choice, subject to requirements. A licence is already in place, and the current lease provides flexibility, with the option for a buyer to relocate within approximately three months.

The business also benefits from an established online presence, worldwide shipping capabilities and local lesson income, creating a varied and appealing revenue model.

Trading from the Chorley area, Wax Musical has built a strong niche reputation with buyers seeking new, used and vintage instruments, supported by excellent customer feedback and a recognised seller profile online.

This is a characterful business with clear lifestyle appeal and further room to develop both retail and e-commerce activity.

Early viewing is highly recommended.



Location
Wax Musical occupies a trading position at Coppull Mill in the Chorley area, with customer parking available outside. The business also benefits from additional exposure through online sales and attendance at guitar and instrument shows.

While currently operating from Coppull Mill, the business model is highly adaptable and suitable for relocation.



Premises
The premises operate as a physical music shop with space suited to retail display, customer visits and instrument-related services. The current set-up supports sales, repairs, restoration work and order fulfilment.



Tenure
Leasehold. 

The current lease offers flexible terms and is not long-term restrictive, allowing a new owner the option to relocate the business within approximately three months if desired. A licence is in place.



Hours
The current trading hours are:

Monday - 10:00 am to 15:30

Tuesday - 11:00 am to 16:00

Thursday - 11:00 am to 17:00 

Wednesday, Friday, Saturday & Sunday - Closed



Staff
Run by the owner with support as required.



Financial Profile
We are advised that the business generates turnover in the region of £79,000.



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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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