New & Used Record Store
Spokane County, WA
| Asking Price: | $260,000 |
| Gross Revenue: | $398,270 |
| FF&E: | $9,500 |
| Cash Flow: | $89,574 |
| Inventory: | $260,000 |
| Established Year: | 1989 |
Listing ID: 2187128Listing provided by BizBuySell
BUSINESS DESCRIPTION
Music to your ears: Consistently profitable business in an excellent location!
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!"
DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,100
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
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.
Competition
While there are other record stores in the market they are considerably smaller and less diversified in their product offerings than this Company.
Growth & Expansion
Business has grown yearly.
Support & Training
Will train for 2 weeks @ $0 cost.
License requirements: Washington State Business License and City Business License.
Reason for Selling
Retirement.
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