Online & Storefront Popular Record Store in the Heart of Gilbert
Asking Price: | $165,000 |
Gross Revenue: | $325,000 |
Rent: | $4,600 |
Cash Flow: | $45,000 |
Inventory: | $75,000 |
FF&E: | $20,000 |
Amazing Seller Financing Terms and Lease in Place!!!
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 1800 sq.ft. suite. The lease is great as well, at $4600 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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