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Business for Sale Overview:

Do you enjoy boating, skiing, fishing, hiking and other outdoor activities? Then why not own a business that allows you to live the lifestyle you want? This turn-key retail business is located in a beautiful resort town in Idaho. The long established video rental store has been serving local customers since 1987. Located just off the main street, with easy access and well trained staff, this is the premier video rental store in town. The business draws customers from its local population, weekenders, and tourists. This resort is home to many people with second homes who spend as much free time as possible in the area. The area is also home to a thriving tourist industry. Nearby, a premier ski resort located in the heart of Idaho’s magnificent Payette River Mountains is the first newly constructed four-season resort in North America in more than 20 years. The addition of this resort has increased tourism, vacation home sales, and property values. To support the tourist industry and the weekenders, the local population has grown 23% since 2000. Regardless of the demographic, people still enjoy a good movie at home and will continue to rent them in the future. In fact, vacationers are more likely to rent videos as they are less distracted then when at home. Mail order videos are not a threat because timing is too difficult to make it much of an issue. Cable and Satellite TV are limited, thus improving demand for local video rentals.

Market Competition and Expansion:

The home entertainment industry is continuing to change. However, according to a recent Forbes online magazine article, the market is witnessing a rebirth to the small rental shop. Small video rental stores seem better able to respond to market challenges through the use of customer service, greater flexibility in payment options, and the ability to carve out market niches. Unlike big video rental chains such as Blockbuster and Movie Gallery, small independent shops are not restricted by corporate policy and red tape and are free to adapt to the desires of the local population. This provides them with a great competitive advantage. Additionally, with the recent population growth in the local area due to the new ski resort and desire to own second homes, this business should continue to thrive.

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 is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.