MUSIC SHOP BUSINESS FOR SALE MALTA
Ever imagined owning your own music shop; Sun-Sounds is a great investment opportunity for anyone who is a musician or a music aficionado looking for a dream job, surrounding yourself with like minded people and trying all the instruments you ever dreamed of. This has been our adventure for the last 12 years and we are now ready to spread our wings and take this on in another part of the continent.
The Sun-Sounds’ idea has commenced in 2014. A dream of a person to work within the music industry, experimenting with new methods of communication and reaching out to possible clients to sell music related products online. It developed in much more, and still growing strong.
Sun-Sounds is made up of a small music shop located in Sliema and a studio down the road from it. We have found ourselves being the most advanced in our online and marketing presence when compared with all other local music shops.
We are a team of four people with a music background but mainly with an artistic vision in the business world. We look at this Music Shop Business as an adventure, a fun game, a creative one allowing us to test out any of the ideas we come up with. Being innovative is our key. We strive to share our positive energy amongst local and foreign fans.
Sun-Sounds is mainly operated from our shop in Sliema, Malta. We do our best to make our music shop look interesting with our always-changing stock, unique items and ongoing online presence. We specialize on reaching out to musicians and giving a helping hand whenever and wherever we can. Selling music instrument accessories, new and used instruments, vinyls and also offering services such as instrument rentals, instrument repairs, restorations as well as guitar and piano lessons and rehearsal space.
Sun-Sounds
55, Blanche Street
Sliema, Malta
SLM 2052
Tel. +356 79016222
The shop is open 6 days a week, we currently work a 6-day work week of 38hours.
If you are interested in working in a Mediterranean climate and flying distance to all major European cities, Malta is a perfect place to settle and raise a family in a safe environment with mostly English speaking population,
Sun-Sounds is actively looking for a buyer relocating from abroad - including Americans and other international entrepreneurs. Whether you're a musician, a retail operator, or simply someone chasing a lifestyle change, this is a rare turnkey entry point into owning a business in Europe. Mark will support the handover personally and can point you toward independent relocation and residency advisors to help plan your move. Communication is not a problem. Clientele are mainly expats in any case.
The rent for the shop would be 800€ per Month.
The total monthly overhead costs including, water and electricity and internet are around 100€ per month.
We currently rent a garage down the road which we use for storage. which is currently rented out for 180€ per month for the next 1 year.
The business will be sold for the price of its current stock cost which hovers from 50,000€ to 70,000€ and a goodwill of 50,000€; at this price you will get access to the all the brands the business distributes and supplies, shop rental contract inc. usage of all it's furniture + equipment, studio and all equipment, website logo with all products and rights over images and systems.
Property Information
Location:
Sliema is in central Malta accessible from all of Malta within a 30 minute drive.
Most densely populated city in Malta. Many high rise buildings all around with thousands of people living within a stone's throw away.
Premises Details:
One main shop area, hosting 3 to 4 clients at a time.
1 back room with shelving, 1 toilet with shower and a loft store with shelving.
Front entrance and a back window leading to a shaft.
Full LED lighting and air conditioned.
Size in square meters:
21 Sq.m.
Business Operation
Expansion Potential:
Increase of working hours and days of the week is the easiest way to increase income.
Also going into other music industry departments such as woodwind instruments and cymbals.
Competition / Market:
No music shop within Sliema, so that gives you quite a good advantage.
There are many other music shops in Malta, but none that quite do the same thing.
Reasons for selling:
Moved abroad.
Trading hours:
Monday, Tuesday, Wednesday, Thursday, Friday and Saturday.
Employees:
Currently 2, we work with other music tutors on the side.
Years established:
12 Years.
Other Information
Support & training:
I will continue to work with the prospective buyer until they are comfortable enough to allow me to leave with confidence.
Interested??? Send us an email: info@sun-sounds.com
