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“The Music Store, Inc.” is located at 2266 N.
Dixie Hwy, Boca Raton FL. Dixie Highway is a busy highway located in
the eastern section of Boca Raton. Everyone in south Florida knows
this highway, making it very easy to find. In addition “The Music
Store, Inc.” is the only music store in this eastern part of town.
Click on link
for
Chamber of Commerce
to find more information about Boca Raton, FL.
Founded in January 1996, The Music Store Inc.”
will be celebrating its 10th anniversary this coming
January. In this time the store has grown from a buy, sell, and trade
business; to now carrying hundreds of top manufacturer lines, rentals,
repairs, and music lessons. “The Music Store Inc.” has found it’s
niche as a musical convenience store, offering items such as guitar
strings, tuners, drum sticks, drum heads, and drum maintenance parts,
percussion instruments, reeds, mouthpieces, cables, replacement light
bulbs for par cans, and disco lights, replacement speakers, karaoke
disks, and equipment, and much, much more. These items are in constant
need by musicians, and are a steady business for the store. With two
colleges nearby, there is also a large market of student, and amateur
musicians in Boca Raton. “The Music Store Inc.” caters to this market
by offering very good quality products, at reasonable prices. For the
professional, the consignment business offers used gear at bargain
prices. The store makes 20% commission on all consignments, and this
requires no money tied up in inventory.
The store location consists of 2,000 square feet
which rents for $2,000 per month, with another 1,200 square feet
available on request. There is a full kitchen, two bathrooms, a hot,
and cold shower, a garage area that can be used for stock, and rental
equipment. Music teachers have a small private room for their
lessons. Out back there is a patio area.
The music store staff is made up of collage
students, and local musicians. The Florida Atlantic University and
Lynn University are only a few miles away. Both of these schools have
first rate music programs, and offer a ready supply of qualified
workers willing to work at reasonable rates.
Last year “The Music Store, Inc.” taxes showed a
gross $350,000 with a net profit of $50,000. Tax records are
available on request. The asking price for the store is $100,000 for
tangible property, and goodwill. Inventory can be purchased on a $ to
$ wholesale basis. At present, “The Music Store Inc.” has $100,000 in
inventory, and approximately the same amount in rental gear assets.
The income potential of “The Music Store Inc.” does not at this time
include use of a Web-Store, or EBay. This would be an instant way of
increasing the income potential of the store with very little
additional investment.
If you are interested in more details, please DO
NOT CALL THE STORE. Email
tennisany001@aol.com with your contact info.
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