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 3 months ago
Music Store with Rentals, Lessons, and Community Events
27 years in business
Absentee / Semi-Absentee
This business is a full-service music store in Long Island, New York, offering retail sales, instrument rentals, music lessons, repairs, and online sales from a 4,000 sq. ft. facility with over 200 active students and established school contracts.
Key Information
Asking
$1.4M
Revenue
$1.2M
Earnings
$225K
Multiple
6.2x
Key Highlights
- Business has been established for 27 years
- Over 200 active students enrolled in private and group music lessons
- 4,000 sq. ft. of retail and teaching space with 10 soundproof lesson rooms and a dedicated acoustic room
- More than 70% of rental clients re-rent annually
Contact Info
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