Wholesale supplier of Musical Instruments For Sale - Sydney
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
Revenues in excess of $2M- Asking $360,000 plus Stock at Valuation
This well established business of over 50 years has built a solid reputation in the music industry supplying some 350 customers including Schools, Government, Retailers, Exports and direct to bands.
The business carries some of the most trusted and well respected branded products in the industry.
Long history in the industry
Well spread customer base
Can be relocated
Solid margins circa 32-37%
The owners are happy to assist and do what is required to ensure a smooth transition of the business to new owners. Naturally they will also pass on their many years of industry knowledge and relationships built over many years.
This business may suite a bolt on acquisition to someone already in the industry who can benefit from sharing administration and distribution costs to improve profitability.
It may also suit a standalone acquisition where a new owner reviews all their practices, stock management systems and marketing to benefit from improved profitability.
Asking Price $360,000 plus SAV circa $1.9M at present.