About Startup Costs
The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.
Business At A Glance
Used CD Shop
Startup Costs: $10,000 - $50,000
About
Franchises Available? Yes
Online Operation? Yes
Share a love of cheap and legally-purchased music with your customers.
Business Overview
If you love music, consider starting a used CD shop. The business can be established in a storefront location or alternately in a sales kiosk located within a busy mall or public market. To initially establish an inventory of CDs for the business, place classified advertisements in the local community newspaper offering to purchase whole or partial CD collections. Currently, secondhand music CDs are retailing for $5 to $12 each, and as rule of thumb, owners of secondhand CD shops mark up all products by 100 percent for retailing purposes.
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About Startup Costs
The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.
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