Seller's Contact Information
- RE: Video Game Shop Nets $125k
- Contact: Customer Service
Quick Facts
Asking Price: | $125,000 | |
Annual Revenue: | $469,305 | |
Net Profit: | $125 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | 55,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | 3 | |
BBN Listing #: | 13043909 | |
Broker Reference #: | RETL465 |
Business Overview:
Video Game destination shop with all things related. This is wonderful business opportunity located in Lycoming County Pennsylvania. They have a wide selection of games to choose from including all of the required equipment. The company has a 2021 gross income of $469,305 and a net yearly income of $131,000. This shop specializes in new and used products in the video game market including consoles, games, and accessories. They have items ranging from brand new to vintage. Other items offered include customized controllers, handhelds, vinyl decals, plush toys, video game themed board games, strategy guides, and blu-rays. This is a dependable and safe business purchase opportunity, based on the asking price, which includes owner financing, this business expects to supply a consistent return on investment to the owner operator. The 2021 yearly gross income is $469,305 and the business expects a yearly net income of approximately $131,000 income, based on an onsite owner operator which includes any seller discretionary income and prior to any debt service. The 2002 income continues to be equal to the previous year. Possible seller discretionary income, a formal due diligence is recommended.
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Property Features and Assets:
This business facility which consist of approximately 1,400 square feet have a modern and attractive appearance. The business is in a convenient commercial mall with many other active businesses. This opportunity is in Eastern Pennsylvania, Lycoming County, which consists of highly populated communities with continued demand for these games and products.
Market Competition and Expansion:
Regarding competition, to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Reason for Selling:
Relocating out of state.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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