Listing Number 10790

This music store, which is part of a limited partnership, was purchased in August 2000. The store has a very strong market position with a product mix of 75% CDs, 10% DVDs, 10% used CDs, and 5% cassettes and accessories. Both principals are active in running the day-to-day operations and are proud of their strong market presence in the local area with yearly sales of $1.5 million. Multiple store locations in multiple states have placed an over demanding on-site management schedule on the current partners. On-site ownership could significantly increase bottom line. Buyer will assume no payables or receivables. This is a very clean transaction for a buyer.

Furniture, Fixtures, & Equipment:

$ 65,175

Asking Price:

$ 547,500

Vehicles and/or rolling stock:

$ 0

Down Payment:

$ 109,500

Inventory

$ 266,111

Accounts Receivable (if included)

$ 0

Annual Sales Volume

$ 1,500,000

Land & Building (if included)

$ 0

Cash Flow

$ 100,000

Other Assets

$ 116,303

Current Liabilities to be assumed

$ 0

Current Notes to be assumed

$ 0