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Profitable Independent Video Store
| Asking Price: | $125,000 | Inventory: | |
| Gross Revenue: | $376,000 | Real Estate: | n/a |
| Cash Flow: | $85,000 | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
A popular independent video store company is selling one of its locations in Middlesex County. In business for 14 years, the store has built up a base of loyal and repeat clientele by carrying the newest films as well as hard-to-find titles not available at chain stores. The owner has operated for the last 20 years as a mostly absentee owner, and a full-time working owner would generate additional yearly income. This is a fantastic opportunity for an owner/operator with an interest in film, who can net $80,000-90,000 per year in income. The store has become popular local fixtures through their exceptional customer service and large selection of unique and hard-to-find videos. The location attracts local working professionals and students, many of whom have an artistic or indie background. The store has a unique look and feel. Year established: 1993 Employees: 4-5, including 2 managers and several part-time staffers. Most of the staff has been with the company for several years.
About the Business
Year Established:1993
Employees:5 full time -
Facilities:2,400 square foot retail showroom. The location has a favorable, long-term lease in place.
Market Outlook and Competition:While large chains such as Blockbuster are suffering, local businesses that cater to their clients with competitive prices and unique video selections are thriving.
About the Sale
Management Training and Support:The seller will assist the buyer with training and support
Reason For Selling:The owner needs to focus on his other career.
Seller Financing:He will provide some seller financing to a qualified buyer.
KEYWORDS: Video, Movie, Retail, Middlesex County, Film
Sell Your Business | This listing has been viewed 57 times
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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