What should I check before buying a retro game store?
Check how cartridges, consoles and boxed items are tested and checked for reproductions, where the stock comes from and whether that depends on the owner, how prices are set and kept current, how much sells online versus at the counter, and which items belong to the owner’s personal collection rather than the store.
A retro game store is different from a general game store with a retro shelf. Its stock is older, more varied and harder to replace, and its reputation rests on the owner’s eye for what is genuine and in good condition. Much of that knowledge sits in one head. Your checks should aim to find out how much of it is written down and how much would leave with the seller.
Testing and authenticity
Ask how each item is tested before it reaches the shelf, and whether results are recorded. Ask how the seller spots reproductions and altered boxes, and what happens when a customer returns one. Watch the testing bench in action if you can. A store with a clear, repeatable process gives a new owner something to follow. One that relies on instinct needs a longer handover.
Where the stock comes from
Retro stock usually arrives through customer trade-ins, estate lots and collectors. Ask which sources matter most and whether they depend on the owner’s name or contacts. A steady flow of trade-ins is tied to the shop and its location. A few private collectors who deal only with the owner may not carry over. Ask for introductions during the transition.
Pricing and sales channels
Prices in this trade move with collector interest, so ask how the seller sets and updates them, and who does it. Compare what sells at the counter with what sells through online storefronts and marketplaces. Check that those accounts, with their history and customer feedback, are in the business’s name and can be transferred, or ask the platform how a change of owner is handled.
Keeping the owner’s collection separate
Many owners are collectors. Some of what sits in cases or behind the counter may be personal property, shown but not for sale. Count the stock together, with every item tagged as business or personal, and write the result into the agreement. The profit page for video game stores covers the wider sales mix.
Related reading
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Buying
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Selling
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 02Business Development Bank of CanadaGovernmentWhat is inventory
- 03Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
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