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Business For Sale

EST. VIDEO GAME STORE FOR ONLY $35,000 DOWN + INV

Attn: Norman MacGillivray
Washington Township, MI, USA
Listing Number: "421WT"
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Asking Price: $$70,000 + $30k inventory USD USA Dollars
Business for Sale Industry: Recreation: Entertainment  
Reason for Selling: Serious Family Illness
Year Established: 2007
# of Employees: 1 Pt -1Ft+Owner
 

Business for Sale Overview:

This video game store has only been open since July of 2007. Unfortunately, illness in the family is forcing a sale before it has been able to reach its potential. The existing owners have invested over $225,000 to open the doors of this attractive video game store. Because of the illness, they will sacrifice it for $70,000 plus the inventory of $30,000+/-. A buyer has an opportunity to have an established store for far less than the start up costs. Franchiser says "The Video Game industry has surpassed the movie industry in yearly sales and is expected to surpass the music industry as well".


Property Features and Assets:

Well located in a center that includes Rite Aid, Subway, and Play It Again Sports, in a demographic area that is perfect for this concept.New retail development across the street from this location should add more traffic for this business. If you want a fun business that you can expand to its potential---This is it! Seller will finance 50%of sales price @ 8% with additional RE collateral


Market Competition and Expansion:

The economies of scale, and innovative concepts make this unit very competitive in the market place.New major Development directly across the street will increase the exposure of this store which alreadt sits on a major street.


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 a distressed business or bankruptcy situation.

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