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
Learn more
- Electric Violin Shop – Under New Ownership: EVS Converts to a Worker-owned Cooperative
- LEAF – Electric Violin Shop: A Worker Co-op Story (video)
- UNC-TV – Electric Violin Shop (video)
Video