Summary
- Asking price:
-
$160,000
- Sales revenue:
- $203,000
- Net profit:
- $80,000
- Years established:
- 1986
- Employees:
- 6 PT
Business description
Seller is motivated since he can't run the business any longer as an active owner, so get this business for a STEAL, Basically for the value of the software. SO ACT NOW and get in on this great opportunity while it lasts.
Property information
- Real Estate:
- Lease
- Location:
- This 1,800sf leased location is on an active main street location. Adult videos located in basement with plenty of room for expansion and/or for other offerings. No local competition
Other information
- Expansion potential:
- Sell New Games & Videos. Other Offerings
- Competition / Market:
- Technological advances in HD TV and True HD videos rapidly becoming available through Blu Ray discs have increased the experience of in home movie viewing. Video Games are no different. New game systems are schedule be release 2010 adding to the need for discs. Copy write protection is a serious issue when it comes to movie downloads. Rental will be around for a long time. Take this business to new levels by New adding video & game sales and so many other potential offerings on this main street. Suburban town of 12,000 with median income of over $110,000 promotes small business in it's community which uniquely positions this store with minimal competition.
- Support & training:
- Yes
- Reasons for selling:
- Professional career limiting ability to run full time which is limiting cash sales
- Trading hours:
- 11a-9pm
- Financing available:
- Negotiable
- Furniture / Fixtures value:
- $2,000
- Inventory / Stock value:
- $150,000