Tue, 10 May 2011 | BUSINESS SALE
Bruce Millers, one of the best-known independent music shops in Scotland, has been put up for sale.
Located at the west end of Union Street in Aberdeen, the music shop first opened in 1900, and has been run by the same family ever since. It began by selling sheet music, pianos and organs, and graduated onto selling records, becoming the largest record shop in Scotland's north-east in the 1960s and 1970s.
Bruce Millers remains the biggest supplier of musical instruments in the area and also sells a wide range of television and audio equipment.
In a bid to save the company from administration, the family has decided to put it on the market as a going concern.
A company spokesman said, “We have been making losses for several years now. There is no single reason for this but a number of factors have affected our profitability.
“The Miller family have supported the business unstintingly, and in so doing have provided continued employment for the staff in difficult times. They can no longer do so and have decided that the best way to protect jobs is to put the business up for sale,” added the spokesman.
A price for the music shop has not yet been revealed.
Premier provider of carpentry and joinery in London and counties, catering to a diverse clientele encompassing luxury and mid-range property developers, main contractors, and discerning private clients.
A concept which led to revolutionizing the restaurant industry, offering an efficient and profitable approach to food production and targeted marketing.
As a specialist in Italian Motorcycle Parts and Accessories supplies, the business has developed expertise in sourcing and offering a comprehensive range of high quality products.
29
|
Nov
|
Bathroom products firm Roxor saves 151 jobs by buying rival | BUSINESS SALE
Bathroom products group Roxor has bought rival the Robert Le...
29
|
Nov
|
Management buy-in at recruiter Recolution | MBO/MBI
Cardiff-based recruitment company Recolution Group has under...
29
|
Nov
|
Aliter dials up purchase of secure mobile communications group | BUSINESS SALE
Private equity group Aliter Capital has dialled up an acquis...
29
|
Nov
|
Aliter dials up purchase of secure mobile communications group | BUSINESS SALE
Private equity group Aliter Capital has dialled up an acquis...
29
|
Nov
|
Management buy-in at recruiter Recolution | MBO/MBI
Cardiff-based recruitment company Recolution Group has under...
29
|
Nov
|
Bathroom products firm Roxor saves 151 jobs by buying rival | BUSINESS SALE
Bathroom products group Roxor has bought rival the Robert Le...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.