Best Little Music Store in Orange County!

Established 11+ years in the same location. This store has a profitable niche with multiple local school districts, for musical instrument rentals, sales and lessons. The store is located on one of the busiest streets in Orange County, thus walk in traffic is significant. Year do date sales as of October 2004 are up 3% over 2003 and up 12.93% over the same period in 2002. 2003 sales were $365,398 and Discretionary Income was $78,000. Discretionary Income for 2004 is tracking at $118,000. There is a new 3 year lease with an option for 3 years. Inventory of $100,000 is included in the sale. There is a Tenant Improvement (TI) allowance of 5% of the final selling price. Final price will be adjusted based on inventory at COE.

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