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  • RE:  New & Used Record Store
  • Contact:  Brian Southworth

Quick Facts

Asking Price: $260,000
Annual Revenue: $398,270
Net Profit: Not Disclosed
Cash Flow: $89,574
Total Debt: Not Disclosed
FF&E: $9,500
Real Estate: Not Disclosed
Year Established: 1989
Employees: Not Disclosed
BBN Listing #: 937023
Broker Reference #: 8003-18158

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Business Overview:

In business since 1989,  this independent music store specializes in New & Used Vinyl Records, CD's, DVDs, Books, Memorabilia & Collectibles! Rock, Blues, Jazz, Country, Soundtracks and Classical. With the largest new vinyl record selection in Eastern Washington. Tons of Beatles - old & new. Seller states, "Special orders welcome with fast turnaround-if it's made we can get it! And we're always buying!"

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Property Features and Assets:

The lease is currently in month to month status.  The landlord likes having the record store in his building.  He is open to leasing the real estate to a qualified new owner and there is an opportunity to expand the store within the building.   Ample parking is available on the street and behind the building.   There is a large private access door on the rear of the building. The retail Storefront is located on high traffic thoroughfare.

Assets = $269,500

Market Competition and Expansion:

While there are other record stores in the market they are considerably smaller and less diversified in their product offerings than this Company.

Business has grown yearly.

Reason for Selling:

Retirement.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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