Video Store in Upscale Community
Seller Financing Available
Asking Price:   $250,000Inventory:   $50,000 ++
Gross Revenue:   $250,000Real Estate:   n/a
Cash Flow:   $75,000FF&E:   $175,000 ++
++ included in the asking price         ** not included in the asking price
A 25 year old video store that is owned by current owner for the past 18 years. The current owner is looking to move back to his roots in New Orleans. The business needs a new vision and leader. The business has weathered all the video expansion over the last quarter century. They get additional revenues from media transfer work. Tranferring one media to another. Very profitable and all the equipment is current and in working order! The neighborhood is a very loyal community. They are loyal to their retailers. The business has 2000 current customers on record. All customers pay an annual fee to be able to get rentals. The retail space is very large and the inventory is all on display and owned. This can be a multiple retail environment. You can sell other merchandise than just videos and video rentals. Plenty of parking right outside the front door. Very ample office and back room space. The average customer comes into the store in a great mood. Unlike most other retail...the customer comes in happy and leaves happy. The new owner should be someone that likes people and likes talking with people. The customers are always looking for a conversation.Has website and web address. A great business for a secondary income. Seller will transition the business to the incoming ownership as needed. He is moving back to New Orleans but is not in any hurry. Business is making money and can make a lot more with a new leader! Are you the one to transition this business to a new level?
About the Business
Year Established:1984
Employees:1 full time - 4 part time
Facilities:1500 square feet retail front in shopping center in upscale town. Plenty of parking . Easy access...in & out! Plenty of work area and office space. Great retail space also. can sub-divide. Can add other retail opportunities.
Market Outlook and Competition:Very loyal customer base. Business can grow with new leadership and vision.
About the Sale
Reason For Selling:Seller looking to relocate back to New Orleans
Seller Financing:open to discussion

KEYWORDS: video, video rental, video transfer, media transfer, video sales, movies, rentals, sales, retailer,


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Re: BizQuest ID:943292
Seller ID:1152
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Business Listed By
Vince Basso  |  Basso Associates, LLC
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