Highly Profitable LI Music Academy & Retail Store - Business for Sale
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Music Academy and Retail Store in Long Island, NY
New York, NY, US
Added 2 months ago
Music Academy and Retail Store
This business is a music academy and retail store in Long Island, New York, offering music lessons, retail sales, instrument rentals, repairs, and early childhood music programs from a flagship storefront with additional classroom and storage space.
Key Information
Asking
$625K
Revenue
$1.2M
Earnings
$225K
Multiple
2.8x
Key Highlights
- Business operates in a Long Island, NY location with rent of $4,300 per month, including an additional lower-level space for classrooms, operations, and storage.
- Strong recurring rental income with 70%+ renewal rates.
- Experienced staff in place, with key employees and the seller willing to remain post-sale.
Contact Info
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