2261 Highly Profitable Record Shop

Not Disclosed, WI

Wisconsin


Asking Price: Annual Revenue:
$1,000,000 $2,000,000

Retail: General Merchandise - Retail


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RE: 2261 Highly Profitable Record Shop Broker: Lake Country Advisors

Quick Facts

Asking Price: $1,000,000
Annual Revenue: $2,000,000
Net Profit: Not Disclosed
Cash Flow: $500,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1988
Employees: 12
BBN Listing #: 254222468
Broker Reference #: 2261

Email or Print Listing

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Business Overview:

This business has branded itself as the go to place for all kinds of music and they have a strong following.

An incredibly well-run business, the store owner has been properly focused on acquisition of inventory and variety which has been a key factor in their success!

The business has a well-established client base that continues to grow YOY as the trend of people listening to vinyl continues to increase. Sales have been steadily increasing over the past few years as well and their year-to-date numbers for 2021 indicate that they are going to significantly outperform anything they have achieved in the past. The business has several different products/revenue streams that include stereo equipment, cd’s... etc.

Ownership is interested in transitioning to retirement, allowing the new owner to capitalize on the stable business they have created and take advantage of significant growth opportunities.

Ownership is open to working part time and assisting with acquisition of new inventory and willing to discuss ways they can help in the transition.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

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

Relevant Links:

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