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Business For Sale
SPECIALTY VIDEO SUPERSTORE
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Asking Price: |
$1950000
USD USA Dollars
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Business for Sale Industry: |
Retail: Non-classifiable
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Reason for Selling:
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Owner wishes to relocate |
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Year Established:
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2002 |
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# of Employees:
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17 |
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Yearly Cash Flow:
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$334,147 |
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Yearly Gross Income:
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$1,039,344 |
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Monthly Payroll:
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$7,000 |
Business for Sale Overview:
Get in on this rare opportunity to own a real gem! This is for two highly profitable independent niche video & DVD retailer and rental stores. They are both located on major streets and in busy neighborhoods with high visibility and a lot of foot traffic. Both have been nominated and voted " Best in LA" in several publications! This well established pair of stores has been in existence since 1984, and under the current owner for five years. Owner wishes to relocate. Extremely loyal customer base and a virtually absentee owner makes this an ideal business to own. The store boasts a large clientele which includes major movie studios which, in addition, provide a strong referral base which has enabled them to compete successfully against other chains. Stores have inventory that is rare and hard-to-find, those which cannot be found at a typical video store. Both stores have an excellent reputation in the community and have garnered recognition in the area. Don't miss out on this opportunity!
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 may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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