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Businesses For Sale   >>   Movie Rental Businesses For Sale

Video Stores For Sale

Location  North Carolina,United States
Asking Price Range  < $250K
Gross Revenues  $386090
Net Profit / Cash Flow  $65916
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2014
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Reason for Sale  Other interests

Description  
VIDEO STORES FOR SALE IN RTP NORTH CAROLINA. The Transaction: The reason for sale is the seller's desire to pursue other interests. The owner agrees not to compete within 50 miles for a period of 5 years. Possible assumable debt of approximately $65,000 to a qualified buyer. Financial Summary: 2013 2012 Revenue $386,090 $384,275 Cost of Goods Sold $112,482 $121,640 Gross Profit $273,608 $262,635 Adjusted Earnings $ 66,443 $ 55,442 Markets: The stores are both located in shopping areas that have very good foot traffic. The locations are easily accessable to clientele that fits the demographics for the segment of the industry they serve. An aggressive marketing campaign would increase the revenues. Strengths: - Personalized customer service and commitment to quality movies - Located in shopping areas that have demographics needed to support a store in this industry - Great potential for growth in current location because of rapid growth in the area


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