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Business For Sale
VIDEO STORE
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Asking Price: |
$44,900
USD USA Dollars
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Business for Sale Industry: |
Services: Video, Photography, Film
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Reason for Selling:
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Retirement |
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Year Established:
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1996 |
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Yearly Net Profit:
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$28,085 |
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Yearly Gross Income:
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$70,775 |
Business for Sale Overview:
Neighborhood video rental store with large clientele base, that has been in business over 10 years. This is a customer service driven store, not one of those large, impersonal video franchises where customer service lost to the revolving door of employees. With the custom software program for video rental stores, the computer keeps track of all customers and rental sales. There is little guesswork and the owner is motivated to teach you how to make owning this store lots of fun! Current owner does no advertising, so with some investment in that, sales could conceivably double. Excess income derived from candy sales, concession machines and video sales.
Market Competition and Expansion:
By keeping it family run, costs are very manageable. The particular neighborhood where this store is located is very family oriented, and people here watch movies as their primary activity in the evening. Buy specializing in specifics genres and special “NetFlix” type of club, growth would be imminent.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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