Profile: Video Store, Video Rental, 60K Of Inventory Included!
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$50,000 |
| Down Payment: |
$50% |
| Annual Revenue: |
$137,580 |
| Annual Adjusted Net: |
$48,000 |
| Price Range: |
$0 to $100,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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Amazing Deal! Approx. 60K Of Inventory Included In The Purchase Price Of 55K! This Video Store Is Located In An Extremely Busy Street And Shopping Center With Heavy Foot Traffic Due To Surrounding Homes, Businesses, And Restaurants. This Business Has A High Annual Gross Revenue Of 137K In 2007! Furthermore, The Net Income Is 48K For The 2007 Year! The Video Store Is Constantly Busy Renting A Wide Variety Of Movies Including New Releases And Adult Video Selections. The Business Has Been Owned By The Same Owner For 5 Years And The Business Has Been In Existence For 20 Years. It Currently Has 10,000 Video Rental Memberships! The Video Store Also Sells Movies For Retail Price. Owner Has A Clothing And Shoe Line Which He Displays In The Store (The Revenues Quoted Does Not Include Profits From This Side Business); Owner Has Expressed That He Will Also Include Clothing/Shoe Inventory Currently On Hand (Estimated Additional 5-7K). There Is Potential For New Owner To Increase Sales By Choosing To Sell Movie Snacks Which The Owner Has Not Yet Established. The Video Store Is Well Kept And Is Extremely Organized. Business Owner Keeps Complete Accounting Records. Owner Has To Sell Because He Has Another Business To Attend To. This Opportunity Is Perfect For First-Time Business Owners And/Or Experienced Owners. We Encourage You To Take Advantage Of This Great Deal Which Includes 60K Of Inventory For The Purchase Price Of Only 55K!
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