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Business For Sale
GAMBLING BOOKS SALES/MARKERING CO.
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Asking Price: |
$1,100,000
USD USA Dollars
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Business for Sale Industry: |
Services: Non-classifiable
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Reason for Selling:
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To retire |
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Year Established:
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1963 |
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# of Employees:
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4FT/4PT |
Business for Sale Overview:
This is a unique Gamblers Book sales & marketing company that has been established for 43 years. The 2006 gross sales were approximately $900,000.00 with a recast income in excess of $100,000. The seller will provide financials to serious qualified buyers. The best buyer candidate would have knowledge of the 20-30 year old market and the ability to increase sales through internet marketing and a financial interest in an existing gambling business. The sales come from current book sales and the sale of out of print gambling book titles. The value of that portion of the business is about $300,000.00. There is an inventory of about $400,000.00 of gambling books that are included in the sales price. These current titles and out of print books may be marketed through direct sales or through a Gamblers Book of the Month Club Concept. There is a 25,000 name customer database. This has a value of at least $250,000.00 and is a good marketing source. This business would be best for a person involved in the gambling business that has a connection to the younger gambler and knows how to market to that age group. The seller will consider all written offers.
Property Features and Assets:
The business location is 5,100 +/- square feet. Open Mon-Sat.
Market Competition and Expansion:
Being established for 43 years it is believed to be the oldest and largest business of this type in Nevada.
Growth and Expansion: With the proliferation of gaming nationally and internationally, expansion possibilities are a significant factor. ie: utilizing the internet to expand on its retail sales as well as distribution sources. Additional gaming related products and services could be provided.
The support & training period is to be agreed upon. Pursuant to a separate agreement the seller would also provide consulting services.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be 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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