Business Broker.Net | Connecting Business Buyers and Sellers

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Membership today!

Business For Sale

EXTENSIVE VIDEO RENTAL STORE

Attn: Frank Chebalo
Norfolk, VA, USA
Listing Number: "N1089-FC"
Print this Listing
Contact Business Seller

Asking Price: $995,000 USD USA Dollars
Business for Sale Industry: Services: Video, Photography, Film  
Reason for Selling: Retirement.
Year Established: 2005
Yearly Revenues: $670,000
Yearly Cash Flow: $300,000
 

Business for Sale Overview:

This is a superb opportunity to own an established and extensive video rental and retail facility. The owners have enjoyed substantial growth over the last two years as a result of downsizing in this category, and are projecting the same growth trajectory in 2008. The owners have a winning formula, which has allowed them to enjoy the profitability and excitement associated with an operation in the video rental line. The location is ideal, and has become an established location for video rentals and retail. To keep the brand strong, the owners have designed a substantial marketing plan keep the revenue generating engine alive. That coupled with a constantly changing inventory keeps the customers returning. The strong brand associated with this facility insures longevity well into the future. The current owners have a wealth of knowledge in the video rental business and can train a buyer in the art of making money in this type of business with respect to pricing strategies, turning inventory, sales promotions, etc. The owners are retiring and planning to move out of state.


Property Features and Assets:

7,000 sq. ft. building.


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.

« Back to Top » Contact this Seller

To contact the seller of this specific business for sale please complete and submit the following form.

First Name:*   
Last Name:*   
Email Address:*  
Phone Number:*   
Address:  
City:*   
State/Province:*   
Country:*   
Zip/Postal Code:*   


Please provide any additional details:

* Indicates required field.

Yes! I would like to receive the BizOpp Journal, the official newsletter of BusinessBroker.net! BizOpp Journal Newsletter

Yes, I agree with BusinessBroker.net's Business Buyer User Agreement.