Video DVD Retail Rental Business For Sale

Business description

Video Store – DVD/Games rental and retail business
With uncertain financial times upon us, our industry has never been busier. Located in a northern suburb of Perth WA, is this busy and thriving store. This store is located in a suburban shopping complex with amble parking along with other retail outlets. An ideal opportunity exists for a motivated owner-operator (part-time or full-time) to capitalize on a business that continues to grow. Currently run under management with stable and reliable staff. Excellent trade history and profits, including income from ATM lease. Full training and support provided by one of Australia’s leading video entertainment franchise. Contact above for more information $110,000ono PSAV

Property information

Real Estate:

Lease

Lease terms:

Current lease has expired, currently negotiating new lease terms with a rent reduction.

Leasehold rent:

$57,000.00 per annum

Location:

Suburban shopping complex located in busy area.

Size in square feet:

100m2

Other information

Expansion potential:

Currently the business is run under manageemnt with the owners living some 5 hours away. Since owning the business we have excreases sales by 46% in the 2008-2009 year. With a motivated owner/operator your potential to increase turnover through rental & rental of dvd and games is limitless.

Competition / Market:

There are other video/DVD stores in the area.

Support & training:

Part of the Civic Video franchise group. There is an abundance of training and support available to any owners/mangers etc.

Reasons for selling:

Owners are seeking a sea change and have relocated to the southern coast of WA. Looking to focus business energy elsewhere.

Trading hours:

Trading 7 Days - 10am-9pm

Inventory / Stock value:

$5,000