Video Games Sales & Repair For Sale

Business description

Video games sale & repair in a corner shopping center close to South coast Plaza area with plenty of parking. It has been in the business at same location for the last 14 years & selling new & used video games, games’ systems & related items. They also provide repair for game systems & video games’ related electronic device through outside independent contractor.

Over 70% of the sales consist of used items which it has very high profit margin. They also provide internet sales which in Christmas time reaches to $15,000-30,000 in November & December. Credit card sales are about 60% of the total sales & the seller will provide them to the serious buyers.

The owner believes that additional services such as cell phones sales & repair, & computer repair could boost profitability of the business to over $100,000 a year. The seller has a full time job & between him & his spouse, are working under 40 hours a week combined & most of the time the store runs by an employee

The seller is willing to share the business financial data with the serious buyer’s candidates.

Annual Revenue: $250,000
FF&E: $10,000 (Included in the price)
Inventory: $40,000 (Included in the price)
Seller’s Discretionary Cash Flow: $50,000
Asking Price: $95,000

Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability.

For more information contact Mehdi Kazerooni,
SUNBELT BUSINESS BROKERS of ORANGE COAST at ------------.
fax: ------------. email: -----@-------------.---

Property information

Real Estate:

Lease

Premises details:

1700 sq ft, $3000.00

Business Operation

Reasons for selling:

other ventures.

Employees:

Full Time: 1

Years established:

15

Other information

Financing available:

Downpayment Required: $0

Furniture / Fixtures value:

$10,000 (included in the asking price)

Inventory / Stock value:

$40,000 (included in the asking price)