Established Profitable Gaming & Hobby Store

Business Overview:

This hobby shop is veteran-owned, where passion meets play, and the gaming community thrives! With a very competitive lease space at just $2,025 monthly, revenues over $400,000, and discretionary earnings of $53,800 , this turnkey, semi-absentee-operated business is ideal for a strong operator to take it to the next level.

This hobby shop has quickly become one of Texas' ultimate gaming havens. With 2,500 square feet of immersive gaming space, they have transformed a unique space into a vibrant paradise for enthusiasts of all ages. Business continues to set themselves apart with its tabletop gaming community and diverse product range. Business caters to every gamer's desire, but their true essence lies in their open gaming space.

Business hosts thrilling events, from game release parties to demo nights and themed gaming gatherings. All gamers are welcome, regardless of background or skill level. The business has dedicated gaming nights tailored for various skill levels, ensuring beginners find their footing and experts find their challenge. By crafting an environment of inclusivity, the staff actively promotes a friendly and inclusive atmosphere, ensuring everyone feels they are a part of the family.

This business is perfectly positioned, having a dedicated team in place, for an absentee or semi-absentee owner-operator.

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Property Features and Assets:

Monthly Rent: $2,025.00 Square Units (Foot, Meter): 2,500 Lease Expiration Date: February 27, 2024, 10:00:00 PM Facilities:Industrial Park

Market Competition and Expansion:

Expand Product Offerings: Introduce a wider range of gaming products and accessories. This could include expanding into niche markets, offering a selection of popular and hard-to-find games, or providing specialized gaming supplies like custom dice, miniatures, and terrain. Host Regular Tournaments: Organize and host regular gaming tournaments for popular games like Magic: The Gathering, Yu-Gi-Oh!, or competitive board games. These events not only attract dedicated players but also create a sense of excitement and community around your store. Diversify Events: Broaden the types of events hosted in the open gaming space. Consider themed game nights, strategy workshops, or guest appearances by game designers or artists. This variety can attract a diverse group of gamers. Create a Loyalty Program: Implement a loyalty program that rewards frequent customers with discounts, exclusive access to events, or early access to new product releases. Loyalty programs encourage repeat business and customer retention. Online Sales and Presence: Strengthen the online sales platform by offering e-commerce options. This allows customers to browse and purchase products from your store's website, expanding your reach beyond the local community. Partner with Local Schools: Collaborate with schools to introduce tabletop gaming as an educational tool. Offer gaming workshops or clubs for students, fostering a love for strategy, critical thinking, and social interaction. Engage with Local Communities: Participate in local community events, conventions, or expos to promote your store and build brand awareness. Sponsoring or attending gaming-related events can attract new customers and connect with a broader audience. Enhance Marketing Efforts: Invest in targeted marketing campaigns through social media, email newsletters, and online advertising. Create engaging content like video tutorials, reviews, and gameplay demonstrations to showcase products and foster community engagement. Customer Feedback: Encourage customer feedback and use it to improve the store's offerings and services. Conduct surveys, collect suggestions, and actively engage with customers on social media to address their needs and preferences. Create a Gaming Library: Offer a gaming library where customers can borrow or try out board games before purchasing. This encourages experimentation with new games and provides a unique service to the gaming community. Collaborate with Game Designers: Build relationships with local or independent game designers. Showcase their games in your store, host game design workshops, or even consider exclusive collaborations for custom game releases. Regularly Refresh Inventory: Keep your inventory fresh by regularly introducing new products and rotating stock. This keeps the store exciting and encourages repeat visits from customers eager to discover the latest releases. By combining these strategies with a passion for tabletop gaming and a dedication to customer satisfaction, a new owner can continue to grow and thrive in the competitive gaming store market. Adaptability, community engagement, and a commitment to providing exceptional experiences will be key to long-term success.

Reason for Selling:

Starting MBA

Additional Details:

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