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- RE: Online & Storefront Popular Gilbert Record Store
- Contact: Mike Darmo
Quick Facts
| Asking Price: | $165,000 | |
| Annual Revenue: | $325,000 | |
| Net Profit: | $45,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $20,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 951409 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
If you are looking for a very unique opportunity with a very niche retail item and not much competition locally with a solid customer base and solid online performance as well with a perfect 50/50 split of revenue streams between online and storefront then look no further. This record store boasts a 5.0 Google review rating with strong storefront and online traffic. The business has the owner working alongside 3 part time employees. The store is situated in a retail park in a 1,800 square feet suite. The lease is great as well, at $3,600 per month and lease is good until 2027 with an option. The store also includes $75,000 of solid, handpicked inventory in the price. The seller is also offering amazing seller financing terms with $90,000 down and $75,000 balance over 3 years at 8%. Hurry up this will go quick.
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Property Features and Assets:
The store is situated in a retail park in a 1,800 square feet suite.
Market Competition and Expansion:
Tons of room for growth with continued trajectory of the current owner and also an increase on online marketing.
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
Relevant Links:
- View more Arizona businesses for sale
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