The Beat, the independent Sacramento music store that has been a fixture at 17th and J streets for nearly 20 years, has failed to find a new home and plans to become an online-only operation.
Closure of the brick-and-mortar store will occur before the end of the month. The business will move stock for sale into a warehouse in Rocklin.
Beat owner Rob Fauble, who has been searching for new digs since receiving a 90-day notice to vacate in March, said he saw various likely sites to move into in recent months, but all of them would have required weeks of down time before moving in.
"We couldn't afford to do that. We just don't have the money to cover the cash flow that's coming in," he said. We struck out with the banks, and we're not a rich family."
The Beat placed a large ad, with discount coupon, in today's Ticket section of The Sacramento Bee. The ad includes a statement of upcoming closure, which Fauble said probably will occur on June 23 or shortly thereafter.
Amid stiff competition and a booming online music market that pushed Tower Records and other brick-and-mortar retailers out of the local music scene, The Beat managed to hang on by selling the old and the new - everything from vinyl records and old-school cassettes to CDs, DVDs and videos.
The Beat's current midtown site encompasses 12,800 square feet.
The Beat first opened at H and 56th streets, near California State University, Sacramento, in 1982.
Read more Saturday in The Sacramento Bee and at Sacbee.com.
Call The Bee's Mark Glover, (916) 321-1184.