Full Service Music Store, Rentals and Lessons In Biz 40+ Years - Business for Sale
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Full-Service Music Store and School in Long Island, NY
New York, NY, US
Added 26 days ago
Music store, rentals, and lessons
27 years in business
This business is a full-service music store on Long Island, New York, offering retail sales, instrument rentals, music lessons, repairs, and online sales from a 4,000 sq. ft. location with over 200 active students and established community relationships.
Key Information
Asking
$625K
Revenue
–
Earnings
$325K
Multiple
1.9x
Key Highlights
- Business has been established for 27 years
- Over 200 active students enrolled in private and group lessons
- 4,000 sq. ft. of retail and teaching space with 10 soundproof lesson rooms and a dedicated acoustic room
- Over 70% of rental clients re-rent annually
- Located in New York, NY
Contact Info
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