LOUISVILLE, KY (WDRB) -- A landmark Bardstown Road music store won't be closing after all.  For the first time in decades, a new owner has signed on to take over Guitar Emporium.

For 38 years, owner Jimmy Brown has served clientele that includes classic rock legends like ACDC and Steve Miller.

"I love nothing more than to see it go on. After 38 years it's my baby," Brown says.

But the years of running a small business have worn on him, so earlier this year Brown announced he'd be retiring and closing the shop.

Customer Brian Posnansky says, "I was so disappointed when I heard they were closing."

Soon after the announcement, offers started pouring in from interested buyers. Brown says he's finally gotten the right offer.  A new owner will take over the store in June.

"It's important to me that the culture of this store maintains itself," says Brown.

 But the store has never really closed. It was supposed to on March 9, but Brown has kept the doors open.

"Rather than have it locked and dark, it's open every day," he says.

A $60,000 small business loan from the city helped make the deal happen.

Customer Jim Phillips says, "I think most people I know would like to see it continue that's for sure instead of letting it go to the big stores."

Brown thanks his Louisville customers for not forgetting about the little guy.

"It speaks volumes for people's desire and interest to maintain locally owned businesses," he says.

He hopes they'll continue to support the guitar shop even though his verse in the song has played out.

The soon-to-be new owner, Sherman Buschemeyer, tells WDRB that customers won't see any major changes once he takes over.  He says there will be a brief period of time when the store will close so he can restock inventory but a grand reopening will follow.

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