Music Shops for sale in Basingstoke

View the "Reputable Musical Instrument Retailer" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I had a great response from potential buyers which resulted in 3 offers for my business. 

Peter Webber (March 2014)
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Asking price: £99,950 Annual Turnover: £257,000 Annual Net Profit: £30,000
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Business Description


Intelligent Business Transfer is delighted to offer for sale a lucrative business opportunity that is highly popular amongst education authorities and schools across the country. This is an established music store, with a loyal customer base and huge potential for further growth and success. Since its establishment 11 years ago, the business has worked hard to offer exceptional quality products and has successfully generated a high annual turnover in excess of £257,000.
This would be an ideal business model for a multi-instrumentalist and would equally suit a first time buyer, looking to acquire a well-established business.
There exist a number of initiatives which could be implemented to ensure further growth. Relocating the business and establishing a fixed base in a densely populated area could allow the business to operate retail showroom. There is huge potential to expand overseas, as the French website is already up and running but advertising has been switched off to focus on UK sales. It also has Italian and Spanish translations of the websites, which are set up and ready to go live. This would undoubtedly attract more patronage and increase the annual revenue.
With no current overseas advertising in place, by reputation alone, the business has attracted regular customers from America as well as many European counties. In the right hands, this is a global brand and could be extremely lucrative.
Advertising could be increased via social media, informing potential customers of promotional offers and pushing forward the e-commerce side of the business. Furthermore, offering finance options for customers would also attract more patronage and introducing an instrument hire service would also be beneficial for growth.
Intelligent Business Transfer have been tasked with finding a suitable buyer, who will look to maximise the potential this business presents.
Listed by: Intelligent Business Transfer
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