Musical Instrument Retail and Repair Store

Gauteng
Price : R 1,100,000
Listing Type : Musical Instruments
Location : Gauteng
Ref No. : 3050
Year Established : 2007
No. of employees : 2
Trading Hours : Mon–Fri 08:00–17:00, Sat until ~13:00
Lease Term : TBD
Turnover : R 122 941 pm
Cost of Sales : R 60 394 pm
Expenses : R 26 193 pm
Net Profit : R 36 353 pm
Asset Value : R 168 000
Stock Value : R 1 600 000

An exciting opportunity to acquire a well-established and reputable music retail business with a loyal customer base and consistent foot traffic. The business has built a strong presence within its community and is known for offering quality products, reliable service, and a welcoming environment for both beginner and experienced musicians.

The business generates revenue through the sale of both new and pre-owned musical instruments, as well as a wide range of accessories such as strings, tuners, and essential equipment. In addition to retail, the business offers repairs and servicing of musical instruments and related equipment, which has become a key and consistent income stream while also strengthening customer relationships.

Over time, the business has developed solid supplier relationships and enjoys repeat business from a dedicated client base. There is clear potential for further growth, particularly through expanding online sales, increasing marketing efforts, and broadening the product offering. This opportunity is well-suited for an owner-operator, investor, or music enthusiast looking to step into an established and functioning operation.

The business is selling for R 1 100 000, including stock valued at R 1 600 000, and the business generates an average turnover of R 122 941 with an average monthly net profit of R 36 353. The owner is selling in order to pursue other interests, and is willing to provide a structured handover period to ensure a smooth and successful transition.

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