- Listing ID: 890694
- (Seller ref: Anna-Marie 3800381)
2 Video Outlets And Entertainment Libraries For Sale
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Summary
- Asking price:
- R785,000 (Inventory / Stock included)
- Sales revenue:
- < R3m
- Cash flow:
- < R3m
- Years established:
- The one outlet was established 4 years ago and the 2nd one 6 months ago.
- Employees:
- Staff work on flexi hours and are mainly students.
- Relocatable:
- This business can be relocated.
Business description
Two video outlets, entertainment libraries including classical titles, and a unique niche market. The business has a website and is ready to be franchised, all documents, trademarks and registration are in place. Franchising rights are sold seperately. There are two branches "A" was established 4 years ago and "B" 6 months ago. The business is selling below the asset value. Stock is valued at R995,000 with assets worth over R500,000. The owner will consider offers in the region of R785,000.
Property information
- Location:
- The two outlets are well located in upmarket shopping malls in Johannesburg North and are within close distance for easy management.
Other information
- Expansion potential:
- There is ample space in the one shop for expansion.
- Competition / Market:
- There are other video shops in the area, non that offer the library/old movie sections.
- Support & training:
- The seller will provide the new owner with support and training.
- Reasons for selling:
- The owner has many business interests in America.
- Furniture / Fixtures value:
- R550,000
- Inventory / Stock value:
- R995,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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