← Back

Retail Business For Sale in Toronto, ON (Listing ID: 3506)

Retail
More From Seller (12)
Interested in this listing?

You must have a BuyAndSellABusiness.com account in order to initiate contact with the seller. Create your FREE account or Login if you are an existing member.

Annual Return On Equity Calculator

Annual Earnings:

$124,152

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

%

Retail

Renowned Music Store for Sale

Pre approved for financing. We help buyers get financing with a minimum of 5% cash required.

This renowned Toronto based musical instrument and lessons store is for sale. This is a turn-key operation ready for its new owner(s).

Extensive Inventory: This store comes equipped with a vast inventory of acoustic and electric guitars, amplifiers along with associated guitar accessories, digital pianos.

Education Department: Offering private music lessons in piano, guitar, ukulele, bass, drums, voice, violin, woodwinds. They also offer an adult group guitar program and programs for teens.

Exclusive Rights - Benefit from being an exclusive dealer in this area for Fender guitars, Taylor Guitars, Gibson Guitars, Yamaha Guitars and Yamaha digital pianos. These dealerships are very difficult to obtain.

The business has an 1100 sq ft retail showroom and 4 lesson rooms along with storage space.

Take advantage of a well set up and fully integrated ecommerce store, a large responsive email database, and very active social media platforms.

There are two full time managers that are quite capable of running the day to day operation leaving the owner free to concentrate on other things.

$399,000 CAD

Toronto, ON Retail Business For Sale Details

Independent

Legal Body:

Incorporated

Established In:

1989

Last Year of Completed Statements

2022

Gross Revenue:

$ 1,121,098

Annual Earnings:

$ 124,152

Land/Building Included:

No

% of Business Selling:

100%

Reason for Sale:

Retirement

Financing Available:

Yes

Buyer does not need to have experience owning & operating a business or franchise.

Buyer does not need specific industry experience.

*DISCLAIMER: BuyAndSellABusiness.com assumes no responsibility for the accuracy of any information shown.