Intelligent Business Transfer are delighted to bring this incredible opportunity to purchase a very highly regarded business that retails a fine and stringent selected range of vinyl records, ranging from singles through to albums and entire discographies.
Most of the stock that the business sells is no longer in collection and is demanded by collectors across the country.
The business is currently based in Whitby and is entirely owner operated. There is huge potential to develop this solid business platform that has been trading for decades. The previous turnover for the business was over £40,000. However, this has diminished slightly due to staffing and operation scale.
The business would be an ideal bolt on opportunity due to its stock and exciting potential. Alternatively there is an option for relocation and a genuine chance for a home based business that would see lucrative returns.
The profit margins for all of the stock is over 75% which can be easily generated with the stock supplied with the sale.
The business is still in the hands of the founding owner who has successfully grown the business organically, there is a full stock list to be provided upon request and the sale is inclusive of very strong branding and databases for both suppliers and buyers. As a result of this, the business would be ideal for first time buyers with a ROI timeframe of 2 years.
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