Passive Business Investment Opportunity

Not Disclosed, TX
Lubbock County


Asking Price: Annual Revenue:
$450,000 $569,407

Retail: Electronics, Technology, Computers, Cell Phones


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RE: Passive Business Investment Opportunity Broker: David Powell

Quick Facts

Asking Price: $450,000
Annual Revenue: $569,407
Net Profit: Not Disclosed
Cash Flow: $180,524
Total Debt: Not Disclosed
FF&E: $13,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 3
BBN Listing #: 80194955
Broker Reference #: 6002-16448

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Business Overview:

Turn-key profitable store that is fully stocked with a complete inventory. The business specializes in buying, selling, and trading unique and collectible video games, game consoles, and accessories. This business is fully stocked with in-demand games, retro video games, and products. Inventory is purchased from well-developed sources as well as walk-in traffic and vendors for the new accessory products. Almost 95% of the games are pre-owned and in good condition, while all the accessories are new.

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Property Features and Assets:

The owners currently have a NNN lease in a 1,100 square foot location at $1,255 per month. The lease was originally begun as a 3-year lease and is currently on a month-to-month status. The landlord will renew a five-year lease. Assets = $83,700.

Market Competition and Expansion:

They have very little competition, have strong repeat customers, new customers with word of mouth referrals, a great staff where the sellers are basically able to be absentee owners, a great reputation, and work with well-established collectors in West Texas, New Mexico and some in the Metroplex. They have 12,000 active customers, are fully stocked with over 20,000 games and consoles plus accessories. 2021 sales are showing an increase year to date from 2020 for a fifth consecutive year. Opportunity to expand into existing space; there is a spot currently available next door as the store is filled to capacity. Possibly broaden the product line, T-shirts, snack center, Trading Cards, Have Gaming Lounge, Competitions, Summer Olympics, and Dollar Sales as well as participating in local activities to gain exposure. On-line sales is certainly an untapped opportunity.

Reason for Selling:

Retirement/Moving.

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.

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