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Vinyl record shop for sale in Walsall, known for its diverse collection and community ties

Walsall, West Midlands

PHOTO COMING SOON

  • Leasehold: £79,999
  • Turnover: £96,000 (£1,846 per week)
  • Profit: £48,000 (50% Profit margin)

Business Details

Spin Into Success – Specialist Vinyl Record Shop

Business
Please quote reference B09602

CoGoGo welcomes to the market a well-established independent vinyl record shop with a strong reputation amongst collectors and music enthusiasts.

The business offers a diverse range of vinyl spanning genres including rock, indie, garage, dance and more, appealing to a broad customer base. In addition to retail sales, the business also purchases vinyl collections, providing ongoing stock sourcing opportunities and repeat custom.

With an active social media presence and further potential to expand online sales and community engagement, this represents an exciting opportunity for a passionate owner-operator.

Early viewing is highly recommended.



Location
The business occupies a visible retail trading position within a busy and well-supported local shopping area.

 

 

 

 

 

 

 



Premises
Leasehold retail premises configured as a dedicated record shop with customer browsing space and display areas.



Tenure
Leasehold. Further lease information can be provided to qualified parties.



Hours
Current opening hours are owner-set and flexible.



Staff

Run by the owner with support as required.



Financial Profile
We are advised that further financial information can be made available to genuinely interested parties upon request.



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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Spin Into Success – Specialist Vinyl Record Shop - B09602 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.