Asking Price: 140,000
Plus inventory (approximately 150,000)
Is it time for a change in your career path?
Do you have previous retail experience and love music?
Would you like to reside in one of BC prettiest cities, that provides incredible outdoor living and access to all amenities?
If you answered yes to any of these questions, this might be the perfect business for you!
This husband-and-wife team have decided it is time to retire and sell their busy and growing Record Store. Their business provides clientele with new and used vinyl records, plus a wide assortment of music related memorabilia.
Business at a glance:
Sales: (Opened in 2020) 120,000 (2021) 302,000 (2022) 410,000
Husband & Wife combined Seller’s Discretionary Income: (2020) 27,000 (2021) 102,000 (2022) 130,00
Staff: 1 Part time staff that works 1 day per week.
Hours of operation: Open 6 days per week (Closed Monday’s)
If you are currently searching for a change in career and life balance, this Business opportunity should be on your learn more list.
Interested parties will be asked to complete a Buyer’s Profile and sign an NDA prior to confidential information being released. Thank you for your interest!
Opportunity to purchase a busy well known Indoor Family Entertainment Center.
Absentee Owner Business
I have been helping business owners and business buyers for over 45 years. I have seen all kinds of narratives when the words “absentee business owner” is being used. The owner of this business initially spent a great deal of time, and planning when creating this true “absentee owner business” which he has operated for many years from outside of Alberta.
The owner, a busy BC Medical Professional is in the process of planning for retirement and is now starting the process of selling his different business operations. This business provides buyers with multiple revenue streams, well trained management and consistent repeat business.
Though the business has social media platforms in place, its main marketing is done by ensuring that clients of all ages have a great time, which results in positive referrals by its happy visitors.
Client share could be grown by the new owner who could allocate 3-4 hours weekly to increase the marketing and presence of this business.
Full training will be provided by the longtime General Manager, Assistant Manager and Owner.
Business at a Glance
Revenues: 2022 (1,478,938) 2023 (1,808,133) 2024 (1,670,000)
Seller’s Discretionary Earnings: 2022 (295,614) 2023 (335,000) 2024 ( 332,000)
Staff: Full Time: 6 including General Manager Part-time: 10
Lease: A new 10 year business lease is in place.
The Owner invested 1,800,000 to open the facility and has invested another 175,000 in upgrades over the years. The owner estimates to open this type of facility today the initial investment would be in the area of 2,500,000.
All of the equipment and infrastructure is in top condition. This business has produced excellent returns for the current owner and will interest buyers looking to create above market returns, with minimal effort.
Interested in this business?
A Virtual Discovery Call with the owner will be available, once a buyer’s profile ( see the link below) has been completed.
To complete the Buyer’s Profile, click on the Microsoft Form link below:
https://forms.office.com/r/YGtR4A6P73
Please note. We do not keep our client's buyer's profile after introductions have been made to the sellers.
Thank you for your interest in this business opportunity!
BizPlanSell Business Selling Systems and The Affordable Business Partner are trade names of First Step Business & Franchise Consulting Inc. Specializing in helping others with buying and selling of businesses. How can we help you?. All Rights Reserved.