Iconic Music Store - Near Ormond, Melbourne

Iconic Music Store - Near Ormond, Melbourne — Retail · Ormond, Melbourne · Asking $165,000 · Revenue $600,000 · Net Profit $98,000

Long-established music store near Ormond in Melbourne's inner south-east, trading for 33 years Go-to destination for local parents, students and musicians with deep community roots Zero debtors, with all accounts paid upfront supporting predictable cash flow Dual revenue streams across in-store retail and online sales, plus a high-demand instrument repairs division Near-zero local competition in…

DealProspect/Listings/Retail

Iconic Music Store - Near Ormond, Melbourne

General Retail

ActiveRetailVictoriaB2B & B2C

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Asking price

$165,000

Disclosed · AUD

Revenue

$600,000

TTM

Net Profit

$98,000

Implied multiple

1.7×

asking / earnings

Brief

Long-established music store near Ormond in Melbourne's inner south-east, trading for 33 years
Go-to destination for local parents, students and musicians with deep community roots
Zero debtors, with all accounts paid upfront supporting predictable cash flow
Dual revenue streams across in-store retail and online sales, plus a high-demand instrument repairs division
Near-zero local competition in the repairs and servicing segment
Established long-term supply relationships with local schools from kindergarten to secondary level
Two-storey premises with an entirely unutilised upper floor offering potential for lessons, studio hire or subletting
Vendor retiring and willing to provide an extended handover period

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