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Business For Sale

VIDEO/DVD RENTAL STORE ON WHIDBEY ISLAND

Attn: Paul Howard
South Whidbey Island, WA, USA
Listing Number: "PDHMT"
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Asking Price: $75,000 USD USA Dollars
Business for Sale Industry: Services: Video, Photography, Film  
Reason for Selling: Moving to warmer climate.
Year Established: 1993
# of Employees: 2-4 part time
Yearly Revenues: $123,792
Yearly Net Profit: $41,276
 

Business for Sale Overview:

Excellent income business for family operation. Exceptionally organized and proven business model. Owner has systems in place and will advise new buyer on techniques of the operation. Employees have been screened and proven to be loyal and trusted workers. There is a "late charge" loss carry forward that goes with the business which makes the offer even more attractive.


Property Features and Assets:

Located in a prime corner space of a large shopping mall with lots of traffic and plenty of parking. They are 3 years into a 5 year lease expiring in 2011 plus (2) 5 year extensions.


Market Competition and Expansion:

There are a few lessor competitors that do not match up to the size and quality of this facility. There are continuing advancements in technology that can be added to the services.


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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