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Business For Sale

Expansive Video Rental Store

Portsmouth, VA, USA

Services: Communication, Technology

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$350,000
$400,000
Not Disclosed
$125000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1983
8
23093047

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 to the left. We look forward to hearing from you.

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.
 

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