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Business For Sale

EUROPEAN DVD/VIDEO RENTAL & CIGARETTE SHOP

Attn: Yan Karim
North Hollywood, CA, USA
Listing #: 93387179
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Asking Price: $65,000 USD USA Dollars
Business for Sale Industry: Services: Video, Photography, Film  
Reason for Selling: Owner focusing on other business ventures
Year Established: 2005
# of Employees: 1
Yearly Revenues: $120,000
Yearly Net Profit: $70,000
Monthly Payroll: $1,500
 

Business for Sale Overview:

Video Rental And Cigarette Shop Specializing In Rentals Of European Movies/DVDs And CDs. Mostly Russian, Armenian, And New American Releases. Also A Section Of Arabic, Greek, And Turkish Titles. Also Sold Are Cigarettes, Tobacco, And Hookah. Lots Of Armenian And Russian Music CDs. Great Asking Price. Located On A Busy Corner In The Valley In A Armenian/Russian Community. Store Has A Loyal Clientele Base. Currently Run By Father And Son Who Are Getting Out Of The Business. Perfect Family Business That Can Be Run With 1 Person. Income And Sales Verifiable By Computer Software. Store Is Well Organized, Clean And Offers Rental Of Latest Releases. Good Street Visibility And An Easy Business To Run. 1,100 Square Feet, Low Rent, Long Lease, Includes Separate Bathroom, Computers, Video Surveillance, And Approximately $50,000 - $60,000 In Inventory. Don’t Miss Out On A Great Yet Inexpensive Investment.


Property Features and Assets:

Storefront, Parking in the back.


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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