One of the nation's top independent game retailers

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Asking Price:
$2,600,000

Gross Revenue:
$3,559,703
Cash Flow:
$583,774
EBITDA:
$529,304
Inventory:
$823,355
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This all-inclusive gaming retailer is available for acquisition. It's product offerings include: board games, role-playing games, card games, miniatures, vintage video games, dice, and gaming accessories and supplies.

In addition to offering a wide variety of games, it hosts a large number of in-store games and events which creates a sense of community, cross selling opportunities, and results in a “sticky” business that leads to repeat business.

Board game sales in the U.S. grew by 28% in 2016, and are expected to continue to grow at a compound annual growth rate of 9%, or 2-3x the rate of GDP growth, through 2022. These strong industry trends should contribute to this business’ continued success in the coming years. Well-trained staff are in place allowing an owner to work flexible hours while enjoying high cash flow. Unlike need-driven businesses, this business primarily attracts customer seeking entertainment and socialization making it an enjoyable business to own.

About the Business

Year Established:
2008
Number of Employees:
22
Facilities:
The business is located in a great location with strong visibility on a high traffic count street, close to freeways / highways & major arterials, and with abundant public transportation options. It would be difficult to have a more ideal location for this business.
Market Outlook/
Competition:
This is by far the largest and most well-known business of its type in its immediate geographic market. In terms of sales and product offerings, it is also one of the largest such stores in the USA.
Growth & Expansion:
A few of the logical growth opportunities include: actively pursue e-commerce / internet sales (it has only dabbled in this); open additional locations; increase the number or type of events the store hosts to drive more traffic into the store; increase sales at game conventions - while the owner and staff attend game conventions they don't sell products at 25%-50% of these conventions; and do a roll-up of independent game stores in this highly fragmented industry.
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About the Sale

Reason For Selling:
Pursue other life goals
Training/Support:
Seller is committed to a smooth transition and ensuring that Buyer is fully trained.
Seller Financing:
May finance part of inventory for qualified buyer

Listing Info

ID:
1568891
Ad Detail Views:
54

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Business Listed by

Eric Williams

Codiligent LLC
License# 200309075

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