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Businesses For Sale   >>   Prince George Businesses For Sale   

Adult Video Store With Exploding Lotto Business

Location  Prince George's County, Maryland, United States
Asking Price Range  $250K - $500K
Gross Revenues  $240000
Net Profit / Cash Flow  $108000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1987
Number of Employees  1 - 3
Inventory  120000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Willing.
Reason for Sale  Old age/retirement.

Description  
Well-established video rental/sale business for sale (20+ years) with skyrocketing lotto/keno/virtual racetrack sales. 90% of the video revenue is from adult movies, which is a very high-margin business. Just put in the lotto/keno/virtual racetrack in 2009. MD State Lottery officials are surprised with high growth and willing to support expansion of the business. Very little competition in 5 mile radius - only game in town! With more regulations in PG county, this may be one of the few remaining players. You have to see it in person to believe the opportunity. Owner is retiring due to very old age (in his 70s) and willing to teach the business if desired. Email or call 301-802-9355


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