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Local Music Store For Sale W/attached Music School For Sale

Melton, Victoria
Asking Price:
$140,000 (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (AUD)
Cash Flow:
$100K - $250K (AUD)

Located opposite Melton Shire Council with 2 primary schools next door. Just off Melton's High Street (Main Street) with plenty of parking access

Property information

Real Estate:

Lease

Leasehold Rent:

$30,000 (AUD) per annum

Location:

Opposite Melton Shire Council, plenty of parking. Next door to 2 primary schools

Premises Details:

2 leased buildings, right next door to each other. Music School is setup with separate teaching rooms, all outfitted with gear (amplifiers, keyboards, desks, chairs)
Store is setup to be wide open and have access to store and sell plenty of products.

Business Operation

Expansion Potential:

There is plenty of room to expand, both in inventory and size. It's all a matter of aspect.

Competition / Market:

Bacchus Marsh, Werribee and Footscray have music stores located in them, however they do not take away much business at all. We all do our own different things and help each other out.

Reasons for selling:

My father has ill health and I am needing to move back home to support him with his injuries and health concerns

Trading hours:

Monday to Friday 10:00am - 5:00pm
Saturday 10:00am - 2:00pm

Employees:
8 Teachers, 1 Store Person (Myself)
Years established:
4.5

Other Information

Support & training:

Training in instrument repair and point of sale system currently used I am more than happy to provide.

Furniture / Fixtures value:
$12,500 (AUD) - included in the asking price
Inventory / Stock value:
$100,000 (AUD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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