Well established (9+ yrs) record shop in beautiful Victoria, BC with an inventory of 15,000+ new and used records for sale. Showing strong and consistent sales over the past 4+ yrs as well as having a great reputation in the local music scene, this store has hosted over 450 live, in-store events over the past 8+ years.
- Asking Price:
- $195,000 (CAD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $100K - $250K (CAD)
- Cash Flow:
- Available on request
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$28,800 (CAD) per annum
- Location:
-
Located 1 block outside of downtown business core, facing the main artery road both in and out of the city. Free parking out front of building. One parking stall inc. behind the building.
- Premises Details:
-
Located inside a 2 story brick building with a 975 square foot retail footprint on the main level. The upstairs measures 750 sq ft with room for office and a stock room/green room for musicians. There is also an open back deck to sit out on.
Business Operation
- Expansion Potential:
-
Option to add liquor license with proper permits.
- Competition / Market:
-
There is 1 store in a mall location, 1 in the downtown core and 2 very small shops within the city limits.
- Reasons for selling:
-
Owner wants to retire.
- Trading hours:
-
11-5 Tuesday - Sunday which could be expanded.
Live music events 7-10pm.
- Employees:
- 2-3
- Years established:
- 9+
Other Information
- Support & training:
-
Up to 3 months training if needed.
- Furniture / Fixtures value:
- $15,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $225,000 (CAD) - included in the asking price
- Relocatable:
- This business can be relocated.
