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New & Used Record Store For Sale

Spokane County, Washington, US
Asking Price:
$260,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$398,270
Cash Flow:
$89,574

In business since 1989, this independent music store specializes in New & Used Vinyl Records, CD's, DVDs, Books, Memorabilia & Collectibles! Rock, Blues, Jazz, Country, Soundtracks and Classical. With the largest new vinyl record selection in Eastern Washington. Tons of Beatles - old & new. Seller states, "Special orders welcome with fast turnaround-if it's made we can get it! And we're always buying!"

Property Information

Real Estate:

Lease

Premises Details:

The lease is currently in month to month status. The landlord likes having the record store in his building. He is open to leasing the real estate to a qualified new owner and there is an opportunity to expand the store within the building. Ample parking is available on the street and behind the building. There is a large private access door on the rear of the building. The retail Storefront is located on high traffic thoroughfare.

Business Operation

Expansion Potential:

Business has grown yearly.

Competition / Market:

While there are other record stores in the market they are considerably smaller and less diversified in their product offerings than this Company.

Reasons for selling:

Retirement.

Trading hours:

Monday-Saturday 11am-6pm

Years established:
34

Other Information

Support & training:

Will train for 2 weeks @ $0 cost.

Furniture / Fixtures value:
$9,500 - included in the asking price
Inventory / Stock value:
$260,000 - included in the asking price
Relocatable:
This business can be relocated.