Carolina Common EnterpriseConvertedLocal Enterprise Assistance FundNorth CarolinaShared Capital Cooperative

Electric Violin Shop – Durham, NC

Electric Violin Shop is a 5-employee instrument sales and repair shop in Durham, North Carolina that serves both retail customers and a global mail-order business. The founder, planning to retire, saw in his employees a level of expertise and commitment to the business that would be impossible to find in an outside buyer.  Succession was made easier by long-standing practices of empowering staff with leadership and management roles.

Industry: Music
Location: Durham, North Carolina
Number of employees: 5
Became employee owned: 2016
Assistance: Carolina Common Enterprise
Financing: Shared Capital Cooperative, Local Enterprise Assistance Fund

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