Internal Ref: B14983
Summary
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.
Revenue
$370,000 pa
Rent
$37,104 pa
Hours
Wed, Thurs, Fri, Sat: 10am to 5pm. Closed Mon, Tues and Sun
Lease
New Lease
Employees
1 PT Owner (20 hours/week), 1 FT Staff
Reason for Sale
Health Reasons
About the Business
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.
For more information or to arrange a private inspection, contact:
Chris Panagiotidis or Elle Likopoulos – Absolute Business Brokers
Chris: 0433 582 533 | [email protected]
Ref: B14983
History
Operating successfully for 37 years.
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