Online & Storefront Popular Record Store in the Heart of Gilbert

Gilbert, AZ

Seller Financing Available

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Asking Price:$165,000
Gross Revenue:$325,000
Rent:$4,600
Cash Flow:$45,000
Inventory:$75,000
FF&E:$20,000
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Gilbert, AZ
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,800
Lease Expiration
01/04/2027
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The store is situated in a retail park in a 1800 sq.ft. suite
Growth & Expansion
Tons of room for growth with continued trajectory of the current owner and also an increase on online marketing.
Financing
$90,000 down and $75,000 balance over 3 years at 8%
Support & Training
2 Weeks after Sale
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Mike
Darmo
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Mike Darmo