Adult Video Retail Store In Oklahoma For Sale

Business description

DONT MISS OUT ON THIS PRICE!! After reducing the hours in mid 2010 the owner realized the significant decrease in revenues and as of January 1st, 2012 has extended the hours back to a 24/7 operation. The time to buy this business is NOW before the increased revenues from extended hours are enough to increase the value here!

Property information

Location:

Building: 2400 sq. ft / .5+ acres valued at $250,000.00
Located right off of Interstate just south of International Airport
Just west of a major Interstate
Just east of another major Interstate
1,000 sq. ft. dedicated to Retail
Tons of Parking

Size in square feet:

2,400

Other information

Expansion potential:

In fact as of January 1st, 2012 the owner extended the hours back to a 24/7 operation after seeing the effect it had on Revenues! Don't miss out on this price before the revenues go back up along with the value! Currently the operations of this establishment are done so via an absentee owner and therefore more quality control and theft loss prevention can be realized through an active owner also adding to the net benefit. Other strategies in management and operations could also be utilized to grow this business.

Competition / Market:

Centrally located off of several major Interstates the market for this business has held steady due to the fact that there is no similar competition within hundreds of miles of this location that offers the video viewing booths. This business is unique in that it offers the video and the retail together operating under the difficult to obtain SOB license, which is fully transferable.

Support & training:

Will train for 4 weeks @ no cost

Reasons for selling:

Commute is too far

Trading hours:

Mon. - Thurs. 7a - 11p, Fri. & Sat. 7a - 2a, Sunday 10a - 10p

Furniture / Fixtures value:

$30,000 (included in the asking price)

Inventory / Stock value:

$7,500 (included in the asking price)