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Business For Sale

Extensive Video Rental Store

Norfolk, VA, USA

Services: Video, Photography, Film

Asking Price:
Year Established:
Employees:
Listing Number:
$899,000
2005
Not Disclosed
95703047
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$670,000
Not Disclosed
$300,000
Not Disclosed

Business for Sale Overview:

Price Reduced! Very Profitable! 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.

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Property Features and Assets:

7,000 sq. ft. building.

Reason for Selling:

Retirement.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist 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.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Extensive Video Rental Store
Business Listed By:
Frank Chebalo
Sunbelt Business Brokers - Hampton Road
contact the seller
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