Rare Vintage Record Store & Collection – Orange County

Anaheim, CA (Orange County)

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Asking Price: $325,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $2,500

Inventory: $350,000*

Rent: $1,900 /Month

Established: 1970

*not included in asking price.

Rare Vintage Record Store & Collection – Orange County

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Business Description

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.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Employees:
1pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
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.
Competition:
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.
Growth & Expansion:
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.
Support & Training:
2 Weeks at 20 hrs/wk
Reason for Selling:
Personal
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Robert Rodriguez

Business Listed By:
Robert Rodriguez

The Veld Group

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Sponsoring Broker:
Michael Wildeveld, CBB, CBI, CM&AP, M&AMI, CEPA

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