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Business For Sale

Expansive Portsmouth Video Rental Store

Portsmouth, VA, USA

Services: Video, Photography, Film

Asking Price:
Year Established:
Employees:
Listing Number:
$350,000
1983
5 Full/3 Part
23093047
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$560,000
Not Disclosed
$250,000
Not Disclosed

Business for Sale Overview:

Price Reduced! Great location! Nice cash flow! This is a great opportunity. The owner has enjoyed consistent earnings despite downsizing in this category, and is projecting continued growth and opportunity going forward. The owner has a winning formula, which has allowed him to enjoy the profitability and excitement associated with an operation in the video rental line. The location is ideal, and has become an established icon in the community. To keep the brand strong, the owner has designed a substantial marketing plan keep the revenue generating engine alive. That coupled with a continually changing inventory keeps the customers returning. The strong brand associated with this facility insures longevity well into the future. The current owner has 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 owner is retiring and planning to move out of state. A long lease is in place at a very reasonable cost.

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:

6,800 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

Expansive Portsmouth Video Rental Store
Business Listed By:
Frank Chebalo
Sunbelt Business Brokers - Hampton Road
contact the seller
Good Business at a Great Price
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