Long Established New & Used Record Store

Not Disclosed, FL
St. Lucie County


Asking Price: Annual Revenue:
$99,000 $180,728

Retail: Non-classifiable


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RE: Long Established New & Used Record Store Broker: Kim price capen

Quick Facts

Asking Price: $99,000
Annual Revenue: $180,728
Net Profit: Not Disclosed
Cash Flow: $19,920
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 2003
Employees: Not Disclosed
BBN Listing #: 682611185
Broker Reference #: 170-02314

Email or Print Listing

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Business Overview:

Take over this amazing retail music store that has been in business since 2003. The shop stocks a vast selection of new and used Vinyl, CDs, cassettes, etc. and is the only store of its kind within a radius of about 40 miles. Here is where you will find 10,000 pieces of used and new vinyl, including a wide array of rare and hard to find vintage records for your collection. Special orders, phone orders, and shipping are offered. Old CDs and vinyl accepted for store credit. Store also carries turntables, needles, disc cleaners, and more.

Strong customer base includes locals, international shoppers, and vacationers. Low rent and nice US 1 exposure with lease in place until March 2023. Landlord would like the store to stay with similar concept.

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Property Features and Assets:

Inventory: $39,000 (Included in asking price). Lease/Month: $2,067. Square Footage: 1,500. Building Type: Retail Strip. Terms & Options: Negotiable with landlord. Expiration Date: 3/30/2023

Reason for Selling:

Illness

Additional Details:

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

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