Listing Number: 59071-810261
Description
Musical equipment manufacture. 40 years in business. Highly reputable and profitable business with room to grow. Proprietary products sales are generated by reputation, quality and reliability. They are well known within the musical equipment industry. No marketing budget is needed to generate currents sales levels. Facilities provide room for a 50% increase in production for a motivated buyer. Buyer can increase sales via OEM markets, distribution channels and marketing budget. Domestic and International sales with over 1000 distributors/Music Stores. Multiple product line with a gross margin over 80% on all products. Net margin over 40%. The company has a double-digit market share of guitar pickup market. The seller does have a small concierge custom business for specific clients, which accounts for 1-2% of total sales.
The business has broad global customer concentration including over 1,000 distributors and music stores, both domestically and internationally. They maintain a double-digit share of the market within the specialty music product segment they sell in. The business also provides custom-manufactured products for specific clients with accounts to 1-2% of total sales. This is a rare opportunity to acquire a well-established legacy business with excellent growth potential.
The seller is seeking to structure the sale as a stock sale.
Listing Details
- Price: DH 5,000,000
- Down Payment: DH4,000,000
- Sellers Discretionary Earnings: DH 1,010,170
- Total Sales: DH 2,504,844
- Location: Coos County, Oregon
- Inventory: DH 316,818
- FF&E: DH 99,955
- Employees: 19
- Year Established: 1984
- Reason for Selling: Retirement
- Category: Music
