THE OPPORTUNITY
Hi Fi Lounge is a 40-year specialty audio retail and repair business located at 1822 Monroe Avenue in Brighton, one of Rochester's most established commercial corridors. What began in 1986 as the CD Exchange has evolved into a rare dual-revenue operation: a curated retail store selling new and pre-owned audio equipment, vinyl records, and CDs, alongside a repair and restoration service for vintage and high-end audio gear.

This is a profitable, debt-free business with a loyal customer base, a 5.0-star reputation across more than 90 reviews on Google, and an owner who is retiring after four decades and committed to an extended transition.

THE NUMBERS
- Consistently profitable across all recent years, with combined annual net income in the six figures
- 2026 sales trending ahead of prior year
- Repair services generating strong recurring revenue, on pace for its best year
- No outstanding debt, liens, or obligations of any kind
- Asking price: $250,000, including inventory, fixtures, equipment, and goodwill

Full financials, including three years of tax returns and a Financial Summary document are available to qualified buyers under confidentiality agreement.

TWO REVENUE STREAMS
Retail. New and pre-owned audio equipment from established specialty lines, plus a deep, carefully graded selection of new and used vinyl records and CDs. The store is an authorized dealer for respected audio brands and price-matches national retailers — a specialty shop that competes on knowledge and service, not just price.

Repair and restoration. Turntable, amplifier, and vintage equipment service performed by the owner and experienced independent contractors. This side of the business generates repeat customers and steady demand — vintage audio repair is a shrinking trade with growing demand, and few competitors remain anywhere in the region.

WHY THIS BUSINESS HAS LASTED 40 YEARS
Only one in four businesses survives 15 years. Hi Fi Lounge has been operating for four decades under the same owner. Customers consistently describe the same things: honest pricing, deep expertise, and personal service. The store serves two generations at once — longtime audiophiles restoring the equipment they love, and younger customers discovering vinyl for the first time.

THE TRANSITION
The owner is prepared to stay on part-time for up to two to three years to train the new owner, maintain customer relationships, and continue contributing repair expertise during the handover.
Experienced repair contractors currently perform the majority of bench work, and the business's longest-tenured employee has been with the store since 1987.

THE SPACE
Approximately 1,500 square feet of retail, workshop, and storage space, including a dedicated listening room. Established lease with renewal option. Ample parking, easy access, located near Twelve Corners.

WHO THIS IS FOR
An owner-operator with a passion for music or audio; an existing retailer looking to expand; or an investor who sees the value in a proven, differentiated specialty business with a transition plan built in. Industry experience is helpful but not required — the owner's extended availability means the right buyer can learn the business from the person who built it.

NEXT STEPS
Serious inquiries only. Financial details, lease terms, and full business records are available following execution of a confidentiality agreement and confirmation of financial qualification (minimum 10% of asking price in personally held funds).