Extensive Video Rental Store For Sale

Business description

This is a superb opportunity to own an established and extensive video rental and retail facility. The owners have enjoyed substantial growth over the last two years as a result of downsizing in this category, and are projecting the same growth trajectory in 2008.

The owners have a winning formula, which has allowed them to enjoy the profitability and excitement associated with an operation in the video rental line. The location is ideal, and has become an established location for video rentals and retail.

To keep the brand strong, the owners have designed a substantial marketing plan keep the revenue generating engine alive. That coupled with a constantly changing inventory keeps the customers returning. The strong brand associated with this facility insures longevity well into the future.

The current owners have a wealth of knowledge in the video rental business and can train a buyer in the art of making money in this type of business with respect to pricing strategies, turning inventory, sales promotions, etc. The owners are retiring and planning to move out of state.

Property information

Real Estate:

Lease

Lease terms:

$4,240 per month

Location:

7,000 sq. ft. building

Other information

Support & training:

Seller will provide training

Reasons for selling:

Retirement

Trading hours:

Monday-Sunday

Financing available:

Seller will negotiate financing

Furniture / Fixtures value:

$42,000 (included in the asking price)

Inventory / Stock value:

$85,000 (included in the asking price)