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.
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.
- 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