Sonic Boom on the market for $850k

554902_10151521015053738_1730912957_n

According to our news partners at The Seattle Times, Ballard favorite Sonic Boom Records is for sale for the price of $850,000.

The sale was revealed through a listing on the Puget Sound Business Journal website which stated the reason for selling is that the owner plans on moving out of Washington.

Jason Hughes and Nabil Ayers started the business in Fremont in 1997, before they expanded to Capitol Hill and Ballard. The Fremont and Capitol Hill stores were closed in 2008 and 2011 respectively leaving the sole store in our neighborhood.

As The Seattle Times article states, Sonic Boom has definitely come out on top of the transition to music downloads and online streaming. The store was event listed by Rolling Stone in 2010 as one of the “Best Record Stores in the USA.”

The sale listing describes the business as follows:

Vinyl records are the biggest music comeback! This store proves it with annual sales of over $1.2 million and continuing to surge.

This is not one of those dusty old shops. Its 2,200 square foot location is in a vibrant and trendy area. It is the music specialist for new & used vinyl, CD’s & DVDs plus turntables, books and live performances of big touring acts and local artists.

Collectors, artists, audio geeks and general music lovers fill the isles enjoying the shopping experience in person, plus everything in the store is online. The Inventory (85%+ new) is included in sale price.

When more information regarding the sale becomes available we will update the post.

Photo courtesy of Sonic Boom Records.

Sonic Boom’s Fremont store closing

Sonic Boom Records is consolidating by closing down its shops on Fremont Ave. in Fremont. “This is not due to downloading or file sharing nor is it due to declining business,” explains the press release. “The change is due to market forces such as increasing rent and major neighborhood changes.” Sonic Boom says that it always thought it was “a bit crazy” to have the Ballard and Fremont locations so close to each other, so now the Ballard location will be renovated to absorb the extra inventory from Fremont. In the meantime, employees will be getting raises and health insurance. As many know, Sonic Boom began as a small shop in Fremont. It will be sad to see them leave the neighborhood.