Retail - Miscellaneous Retail | Retail - General Merchandise Stores

$Seller Financing Available

Asking Price	$329,000	Inventory	$300,000**
Gross Income	$779,866	Real Estate
Cash Flow	$90,785	Year Established	1993
FF&E	$293,000*	Employees	7 + owner

* included in the asking price

** not included in the asking price

This CD & DVD retailer's proprietary methods of doing business are based on the owner s 25 years in the industry. There are over 400,000 CDs & DVDs that American consumers can potentially purchase, but very few of the 10,000+ US businesses that sell CDs & DVDs have access to them. This business is one of the few able to do so! This business has done this so well, that it has received the local paper s Best Music Store Award each year since 1994! It has achieved its high level of service by building its entire operation around client needs. Technology captures historical consumer data to aid in the store's buying practices. Technology is also used for systems that enable staff members to find music & movies for customers that other stores can t. The business is located in a northwest town famous for panoramic views, low cost living, recreational opportunities, and slower pace lifestyle.

Facilities: This store is located in a newly renovated shopping center that houses large retailers such as Bed Bath & Beyond, Starbucks, Michaels, Rite Aid, Ross, Sleep Country USA, Petco, and Lane Bryant. Most independent music & movies stores have a "mom & pop" feel. Not this store! The 2,648 sq. ft. store is easily mistaken for a national chain with attractive lighting, colorful fixtures, theme carpet, professional signs, technology, and vast selection. The sale includes all furniture, fixtures, and equipment - worth $300k

Competition: Many people believe independent CD retailers are becoming obsolete due to digital music downloads. But according to the Recording Industry Association of America, digital downloaded music sales are less than 10% of physical music sales, and independent record stores have had a very stable market share over the past few years while big box retailers have experienced declines in customers buying music from them. The music industry is a stable environment for retailers who offer specialized services and selection.

Growth/Expansion: There are a variety of opportunities for a buyer to expand this business. The most logical is to use this business' strong proprietary systems & branding and duplicate it in currently underserved nearby markets to create a chain with greater economies of scale. Other opportunities include: create a franchise; develop a web-based E-commerce sales division; offer digital content sales and/or web-hosting for peer-to-peer trading; offer on-line movie rentals for local customers; and provide delivery service for rentals and sales.

Seller Financing Available: Yes

Financing: Seller will carry a $65k note for qualified buyers

Support/Training: There is a well-trained staff in-place that will continue with the business that can largely operate the business on their own. The seller will provide reasonable transition training and support.

Reason Selling: The principal wants to pursue other entrepreneurial dreams