Price Reduced & Financing Offered Video Rental Business For Sale

Business description

If you want to live and own a business on the beautiful Valley Isle of Maui, but only if you can take over the ownership of a well established business, here is your opportunity! After 26 years of operations, the owners are ready for retirement.

The business locations are optimally located with great street exposure and lots of consumer traffic, to serve two of the island’s largest residential communities. They have excellent leases with lots of parking. Average tenure of their employees is almost 6 years which will make the transition to a new owner seamless. Their great inventory of a diverse and extensive mix of movie titles (valued at approx. $100,000) has resulted in excellent 2007 sales of $379,800, strong profits, and a very loyal customer base. The Sellers are sure that this business will continue to be a strong one, and are willing to finance $$75,000 as follows: amortized over 36 months at 7.0 % interest, with first 12 months being interest only payments of approximately $437.50, and next 24 months being payments of approximately $3,357.94.

Property information

Real Estate:

Lease

Other information

Support & training:

3 weeks at 30 hours a week.

Reasons for selling:

Retirement

Financing available:

The Sellers are sure that this business will continue to be a strong one, and are willing to finance $75,000 as follows: amortized over 36 months at 7.0 % interest, with first 12 months being interest only payments of approximately $437.50, and next 24 months being payments of approximately $3,357.94.

Furniture / Fixtures value:

$40,000 (included in the asking price)

Inventory / Stock value:

$100,000 (included in the asking price)