Oefelein said he’s looking forward to becoming a stay-at-home dad while his wife, Cathleen, is looking forward to resuming her own career — as a schoolteacher. His parents, meanwhile, are looking forward to moving into full retirement.

“I think the business has been good for us,” Sharon Oefelein said. “It served our family well. But it did kind of take over.”

On Saturday, the store will begin selling off its extensive inventory, valued at more than $2 million. The sale will continue, with progressive discounts, until sometime in January. At some point, the remaining band and orchestra instruments will be sold to two of Gracewinds’ 20 employees, repair technicians Mark and Katie Rasmussen.

The couple have purchased a 2,700-square-foot building at 1305 Main St. in Philomath and have begun renovating it as a home for their new store, which they plan to call Windsmith Music. They hope to be open for business by December or January.

Katie Rasmussen said the focus will be on instrument repair and service to start with but will expand to include sales and rentals.

“We’ve done this before,” she said. “We had a music store in San Diego for seven years, called The Windsmith.”