£750k deal for specialist retailer aims to hit the right note
A £750,000 rescue deal saved 75 jobs when retailer Dawsons Music was bought out of administration in May, TheBusinessDesk.com can reveal.
Husband-and-wife team Andrew and Karen Oliver have merged Dawsons into their existing business, Manchester-based Alan Gregory Music and Musical Instruments.
The purchase price included £395,000 for stock while there is the potential for further payments totalling up to £200,000 dependent on sales in the next year and if the business is sold in that time.
The retailer's 120-year history h... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
