New & Used Record Store
Spokane County, Washington
| Asking Price: |
Gross: |
Cash Flow: |
| $260,000 |
$398,270 |
$89,574 |
Furniture and Fixtures Value:
$9,500 (included in the asking price)
Inventory Value:
$260,000 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
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!"
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| Year
Business was Established: 1989 |
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| Facilities / Terms of Lease:
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. |
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| Potential
Growth/Expansion:
Business has grown yearly. |
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| Competition:
While there are other record stores in the market they are considerably smaller and less diversified in their product offerings than this Company. |
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| Owner
willing to train:
Will train for 2 weeks @ $0 cost. |
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| Reason for selling:
Retirement. |
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| REQUEST MORE INFO |
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