Ah043-somerset / relocatable-asking price £275,000 -mail order musical instrument company

Asking Price: 275,000 £ Real Estate: Lease
Sales Revenue: 154,000 £ Location: Not Disclosed
Net Profit: 1 £ City: Gloucester
Year Established: 2004 State/Province: County of Gloucestershire
Employees: Not Disclosed Country: United Kingdom
# of family members employed: Not Disclosed

Business types:

Retail

Business categories:

Music Stores

Business description

Mail Order Musical Instrument Company Confidentially offered for sale Ref No: AH043 Location: Somerset / Relocatable Asking price £275,000 including stock Asking price includes: Sales of circa £154,000 per annum Huge selection of unencumbered stock £250,000 This business was established in 2004 by its present owners. They decided to enter the market and use the skills and knowledge they have aquired over many years trading in the niche market sector of violins and their accessories. The company has a policy of only marketing products directly associated with the “violin family”. These are encompassed in a comprehensive mail order catalogue. They therefore sell violins, violas, cellos and double basse’s to a database of fifteen thousand registered customers. This extensive client bank is made up of private individuals, teachers, schools, professional musicians, military bands, orchestras and many more. Items are selected from a comprehensive catalogue and orders are placed by phone, fax or e mail. They are despatched within twenty four hours of receipt. Stock is purchased from a number of high quality suppliers with the majority being based in the UK, Germany and France. Key brands include Gewa, Sound Post, Cremona and Barnes & Mullins. Customer Service: One of the main reasons for the company’s success is the level of personal attention given to each and every purchaser. A good level of product knowledge facilitates sound advice and there is a high level of repeat business following the initial contact. Key Strengths: The business holds excellent levels of stock that enables a twenty-four hour turn round The company has minimal borrowings Strong client base

Additional information

Additional information: Not Disclosed
Support & training: Not Disclosed
Reasons for selling: retirement
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Not Disclosed

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