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Musical Instruments Company for Sale in Markham, Canada

Established over 40-year old electronic music products manufacturer and e-commerce retailer in Ontario.
This Business is on a Premium Plan
Established 40-50 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 700 thousand
Run Rate Sales USD 700 thousand
EBITDA Margin Nil
Industries Musical Instruments + 1 more
Locations  Markham
Local Time 7:54 AM America / Chicago
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 240 thousand (Native Currency: CAD 300,000)
Reason: Owner wishes to retire.
Includes physical assets worth USD 240 thousand
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Business Overview

- Unique music product manufacturing and sales business with largely USA and worldwide sales.

- Company specializes in manufacturing hardware for virtual pipe organs (VPO), viscount organs, pipe organ control systems.

- Company has different brands for different products.

- Products are sold directly to customers via the company's own website.

- On average we receive 300 orders a year.

- All our products are high-end and high-tech instruments and electronics.

- Promoter has more than 30 years of experience in this industry.

- Business is at a break-even stage right now as we have reduced the selling price of products due to the pandemic.

- Products are manufactured based on demand and orders.

Products & Services Overview

Manufacture and sale of hardware for virtual pipe organs (VPO), viscount organs e-tailer, pipe organ control systems (high-tech, Linux), music sharing site.

Assets Overview

- Manufactured product inventory of CAD 300K.

- Intellectual property such as customer base, website, brand, goodwill.

Facilities Overview

Rented industrial unit of 3,300 sq ft.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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