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How much investment does it take to open a music store?

Open a music store

Nowadays, there are more and more people who love music and young people who want to be able to play and sing simply. Therefore, guitars, basses, etc. are both fashionable, popular, and relatively economical. musical instruments are also becoming more and more popular. Opening a music store has become a particularly artistic form of entrepreneurship, which can not only make money but also satisfy your desire for music.

Initial investment in opening a music store: about 30,000-50,000 yuan Equipment investment: facade decoration, computers, etc., a one-time investment of about 20,000 yuan; if you want complete equipment, prepare some speakers, mixers, etc. Basic equipment.

Purchasing payment: When a new store opens, a standard music store generally needs to purchase 1-2 high-end musical instruments (guitars, basses, etc.) to support its appearance, and the rest are mainly economical musical instruments. Most of the customers of the music store are young people, and they basically buy economical musical instruments. The total price is about 30,000 yuan.

Business items:

Generally speaking, the main business items of a music store are the sales of musical instruments, as well as music training, equipment rental, and CD and VCD recording at the special request of customers. Editing, band demo recording, music editing and synthesis and other services.

Monthly income:

According to the normal average level, the musical instrument sales income of a music store in a month is about 20,000 to 30,000 yuan, plus recruiting students for music training and other music production Business income and turnover can reach 30,000-40,000 yuan.

Monthly expenses: rent: It is best to choose a store in an area where young people gather, such as near a university or middle school. Renting a 40-50 square meter storefront, plus water and electricity costs, generally costs 3,000-5,000 yuan per month.

Employee wages: When opening a music store, the employees generally hired are young people who love music. They can not only work in the music store, but also engage in music to satisfy their own hobbies. Most of them are college students working part-time, so the salary level is not very high, about 1,000-1,200 yuan per month. It is also necessary to hire a musical instrument tuner, whose monthly salary expenditure is about 3,000 yuan. Taken together, the monthly employee salary expenditure is about 4,000 yuan.

Taxes: Since the music store is not a fully operating store, the taxes are not high. The monthly fixed tax is about 150 yuan.

Profit of opening a music store:

The monthly gross profit is about 20,000 yuan. After deducting various expenses, it is the monthly net profit. Generally speaking, the net profit margin of musical instrument sales is 10%-50%.

Procedures

The procedures for opening a music store are very simple. You only need to bring your photo, ID card, etc. to the Industrial and Commercial Bureau and the Taxation Bureau to register.

Warm Tips

1. The piano store is not a place full of buying and selling, but a place with a musical atmosphere. Therefore, it is very important to highlight the decorative features of the piano store. You can try some styles. Exaggerated decoration style.

2. The customers of a piano store are basically music lovers, and most of them are "half-way monks" who have started playing musical instruments. Therefore, a piano store with an atmosphere of music exchange will be more popular. A music store must give people a "home" feeling, so that young people who love music can not only come here to buy musical instruments, but also use it as a place where they can play music. Only in this way will the reputation of the piano store become more famous and the number of customers will increase.