Rare Vintage Record Store & Collection!

Not Disclosed, CA
Orange County


Asking Price: Annual Revenue:
$325,000 Not Disclosed

Retail: Non-classifiable


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RE: Rare Vintage Record Store & Collection! Broker: Robert Rodriguez

Quick Facts

Asking Price: $325,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1970
Employees: 1
BBN Listing #: 86534929
Broker Reference #: RecOC

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Business Overview:

This rare vintage record store sale includes a collection of over 110,000 vinyl albums. The collection is comprised of approximately 37,000 LP’s and 76,000 45’s with rare new and pre-owned albums from The Beatles, Elvis, Frank Sinatra, Dean Martin, Led Zeppelin and a number of other big band, jazz and classic rock recorded and live performances. The business has been a community staple since the 1970’s. The business does not have a website an online presence or an e-commerce retail site. Any of these may significantly enhance the earnings.

Training: 2 Weeks at 20 hours/week.

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Property Features and Assets:

This 1,500 square foot facility leases for $1,900 per month. A new owner will likely negotiate a new long-term lease. All of the business's furniture and fixtures will be included in the sale, as well as the inventory, name, brand and decades of goodwill.

Market Competition and Expansion:

Competition is considered to be minimal as record stores are rare in their own right. This business is and has been a destination location for many years as customers travel from all over the country to explore the rare selections. The business has excellent growth potential given that the owners operated the store since its inception, are not computer savvy, and have done little to evolve with the changing buying habits brought on by the internet and the online marketplace. The inventory is not catalogued or sold online, and the operators do not market or advertise.

Reason for Selling:

Personal

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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