Music Store Business

Business Idea: Start A Music Store Business in 2024

Updated: September 3rd, 2024

Avg Monthly Revenue
$275K
Avg Startup Costs
$13.7K
Market Size
Avg Revenue
Avg Days To Build
5 days

Thinking about diving into the music industry? A music store might be your ticket. This business involves selling musical instruments, sheet music, and accessories, serving as a local hub for musicians and enthusiasts.

Imagine a space filled with guitars, keyboards, violins, and drums. Your store could be the go-to spot for anyone looking to start or continue their musical journey.

The work requires more than just a love for music. You'll need to manage inventory, develop relationships with suppliers, and offer exceptional customer service. The ability to host workshops or offer instrument repairs can set your store apart.

Starting a music store isn't just about selling instruments; it's about creating a community. It's a fulfilling venture where business meets passion, making a tangible impact on local culture and art. Consider it if you want to blend business acumen with a love for music.

Revenue & Profitability

How much do music store businesses make?

Examples Of Successful Music Store Businesses

Successful music store business businesses and case studies

Flute Center of New York is the largest flute-centric company in the world, servicing musicians globally with an impressive retail level sales of over 7 million USD in 2019 by selling flutes and piccolos ranging from $500 to an astonishing $75,000.

$550K Monthly Revenue
$5K Startup Costs
Read by 5,824 founders

Snake Oil Music News is a website that promotes new and emerging indie rock bands and artists, with a focus on reviews and live events, and has expanded to include merchandise sales and video content creation, looking for volunteers to help keep up with demand.

$100 Monthly Revenue
Read by 5,194 founders

See full list of successful music store businesses.