- Advert ID: 602092
- (Seller ref: AG194-9045)
Adult Video Store For Sale
- Location:
-
- United States
- > South East
- > Florida
- > Ft. Lauderdale
- Category:
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Summary
- Asking price:
- $695,000
- Sales revenue:
- $495,132
- Net profit:
- $65,858
- Years established:
- 10
- Employees:
- 6
Business description
Newly remodeled adult store. Licensed for 100% adult videos, magazines & toys (restricted license). Over $50K in current inventory. End-cap store front has great exposure on hi-traffic street. Owner recently invested $40,000 in improvements. Sales up significantly after remodeling (Mar 08 over $45K). Favorable terms on long term lease. Absentee owner with FT manager. Financials adj. for owner-operator. Part-year thru 3/31/08. Turnkey opportunity. Easy transition to new owner. Excellent books & records.
Property information
- Real Estate:
- Lease
- Lease terms:
- Current lease till 2012, one 5-year option
- Location:
- Strip Center
Other information
- Support & training:
- 2 weeks
- Reasons for selling:
- Seller needs capital to improve other stores.
- Trading hours:
- Mon to Sat 10 AM to 2 AM
- Financing available:
- 465000, 84 months, 7%
- Furniture / Fixtures value:
- $10,000
- Inventory / Stock value:
- $50,000
Contact the seller
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- United States
- > South East
- > Florida
- > Ft. Lauderdale
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