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Established Record Store-37 Years Of Trading History For Sale

Dandenong, Victoria, Australia
Asking Price:
On request
Sales Revenue:
$370,000 (AUD)
Cash Flow:
Undisclosed

* Expressions of Interest *

An exceptional opportunity to acquire a long-established and highly regarded record retail business located in a busy retail hub in Dandenong, in Melbourne’s eastern suburbs.

Operating successfully for 37 years, this iconic store specialises in the wild, weird and wonderful, offering an extensive range of vinyl records, CDs and videos, along with buying, selling and importing rare and collectable items. The business enjoys a loyal customer base, strong brand recognition, and consistent repeat trade.

Key Business Highlights:

Takings: Approx. $370,000 per annum

Estimated Stock Value: $150,000

Rent: $3,092 per calendar month (including GST & outgoings)

New lease options available

Trading for 37 years in the same area

Reason for Sale: Health reasons

Trading Hours: Wed–Sat: 10am – 5pm, Closed Sun, Mon & Tues

Current owner only works part time, approximately 20 hrs/week, with 1 Full-Time Staff member.

This well established business has a website and active social media accounts.

This is an ideal opportunity for a music enthusiast, collector, or investor seeking a proven retail business with strong foundations, minimal competition, and further growth potential through extended trading hours or online expansion.

Rarely do businesses with this longevity, reputation, and niche appeal come to market.

Property Information

Real Estate:

Lease

Lease Terms:

New Lease

Leasehold Rent:

$37,104 (AUD) per annum

Business Operation

Reasons for selling:

Health Reasons

Trading hours:

Wed, Thurs, Fri, Sat: 10am to 5pm. Closed Mon, Tues and Sun

Employees:
1 PT Owner (20 hours/week), 1 FT Staff
Years established:
37 years