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. Owning a music store is not just a business venture; it's a passion-driven opportunity to bring joy and inspiration to the hearts of musicians, beginners, and music enthusiasts alike. This is a turn-key operation ready for its new owner(s).
Absentee Owner: 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, other ventures or business growth initiatives.
Extensive Inventory: This store comes equipped with a vast inventory of acoustic and electric guitars, amplifiers along with associated guitar accessories, digital pianos, ranging from portable digital pianos up to full size home models and a variety of home digital recording products. All of these products are available in their physical retail location as well as worldwide from their fully functional e-commerce website.
Education Department: Offering private music lessons in piano, guitar, ukulele, bass, drums, voice, violin, woodwinds. They also offer an adult group guitar program as well as a group Rock Band program for teens and adults. All run by a very knowledgeable and stable management team.
Exclusive Rights - Benefit from being an exclusive dealer in this area for Fender guitars, Taylor Guitars, Gibson Guitars, Yamaha Guitars and Yamaha digital pianos including their very exclusive Clavinova line of home pianos. These dealerships are very difficult to obtain and a new person in the business would surely wait years to acquire them, if ever.
Prime Location: Situated in a bustling and vibrant neighborhood, the music store enjoys excellent foot traffic, ensuring a steady flow of potential customers. The business has an 1100 sq ft retail showroom and 4 lesson rooms along with storage space. The store's spacious layout provides ample room for displays, demo areas, and comfortable browsing, enhancing the overall shopping experience.
Well Established Online Presence and Database: Take advantage of a well set up and fully integrated ecommerce store, a large responsive email database, very active social media platforms, and digital marketing strategies already in place.
Now is the time to seize this once-in-a-lifetime opportunity to own a legendary music store.
Accepting offers up to April 30th or first acceptable offer.
