River City Records & Books

Asking Price$225,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$256,780

Inventory$171,500
Not included in asking price
FF&E$20,000
Included in asking price
listing imageSave

River City Records & Books


Asking Price$225,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$256,780

Inventory$171,500
Not included in asking price
FF&E$20,000
Included in asking price
Business Description
River City Records and Books is a beloved independent record and book store located in the heart of Duluth's Lincoln Park Craft District. The current owner brings over nine years of experience in the industry, including previous ownership of multiple store locations, with the business operating at its current location for the past three years.

In that time the store has built a unique collection of new and used vinyl, books, CDs, cassettes, VHS, DVDs, Blu-ray, and comics, along with a loyal and growing local following. Recognized as a "Best of the Northland" winner, the business enjoys strong, consistent support from locals, tourists, and students from Duluth's three major colleges.

The store operates seven days a week and maintains an active social media presence, regularly hosting in-store events including live music that drives consistent foot traffic and deepens community engagement.

The owner operates primarily on the business rather than in it day to day. A dedicated full time manager runs daily store operations, handles inventory and buying, and manages marketing and social media, creating a stable and largely turnkey operational structure for a new owner.

This is an exciting opportunity for an owner-operator looking to step into a respected, established independent business in one of Duluth's most vibrant and growing neighborhoods, with clear paths for continued growth through expanded events, online sales, and community partnerships.

The seller is willing to provide transition support and training to ensure a smooth handoff for the new owner.
About the Business
Years in Operation
3
Employees
1 Full-time
Facilities & Assets
This 4,000 square foot space welcomes customers with a large front counter and checkout area, opening into spacious, well organized rows of inventory featuring vinyl, books, CDs, cassettes, VHS, DVDs, Blu-ray, and comics, all attractively displayed.
The facility includes one private office with room to add a second, plus a comfortable breakroom for staff. A large back storage area offers extensive shelving and houses additional inventory beyond what is included in the current sale listing, providing real upside value for a new owner. A back door and garage door provide flexible access and double as an opening for the stage area used during live out door music events.
With multiple distinct areas throughout, this space offers far more room than most owners will know what to do with, leaving plenty of opportunity to expand inventory, host events, or add new revenue streams.
Website
https://rivercityduluth.com/
Market Outlook / Competition
River City Records and Books holds a unique position in the Duluth market, as there is no other business offering this same combination of new and used vinyl, books, and media in the area. This lack of direct competition, paired with a loyal and growing customer base built over nine years in the industry, gives a new owner a strong foundation to build from.
With its established reputation, prime Lincoln Park location, and absence of direct local competition, this business stands apart in a market that continues to grow more interested in physical media and the in-person retail experience it offers.
Opportunities for Growth
There is significant room for growth within the new vinyl segment, which continues to see rising consumer demand both locally and nationally. Expanded marketing efforts and an increased focus on in-store events, such as live music and community gatherings, could elevate the business even further, attracting new customers while deepening engagement with the loyal following it has already built.
Additional opportunities exist through online sales channels and community partnerships, allowing a motivated new owner to build on a strong existing foundation and take the business to its next level.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,000
About the Sale
Seller Motivation
Owner is relocating to be closer to family
Transition Support
The seller is deeply passionate about this business and genuinely invested in its continued success. He is committed to working hand in hand with the new owner, offering as much or as little training and mentorship as desired to ensure a comfortable and confident transition.
Beyond day to day training, the seller brings a wealth of ideas and vision for growing the business further and is excited to share that insight with a buyer who shares the same passion for music, books, and community.
The current full time manager is also in place and experienced in daily operations including inventory, customer service, and marketing, providing continuity and stability throughout the transition.
The length and structure of the transition period can be tailored to fit the needs of the new owner.
Listing Info
ID
2521177
Listing Views
Business Location

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Jenni Viken EasyLiving Realty

Listing ID: 2521177 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.