Adult Video, Erotica & Novelty Chain Of Stores
Location California,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $2600000
Net Profit / Cash Flow $785000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1993
Number of Employees 20 - 34
Inventory 350000
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Training Seller will train.
Reason for Sale Retirement.
Description Absentee owner operated.
1. Net cash flow to owner is 785,000.
2. Gross sales for 2008: 2,600,000.
3. Inventory at cost: 350,000.
4. Sale price of 2,950,000 includes: inventory, arcades, change machines, etc. Etc. And etc.
5. Seller will carry note.
Net cash flow to buyer can be increased if buyer is full time operator. Transactional website with chain of 4 brick and mortar locations operating fully licensed adult toy, video, and novelty stores with arcades in southern California. Customers include women and men and run the gamut from young to old. All physical locations are owned by the seller who would become the landlord to the buyer and all locations offer their customers classy, clean and state of the art facilities in good neighborhoods. There is little to no competition to speak of and it would be very hard for anyone to open a store due to the laws and ordinances in the areas and surrounding communities.
Excellent business with a great reputation within the community and with the local government agencies. Large following for over 16 years. Absentee owner wants to travel, is ready to retire and is motivated. For more details please email or call : mkl acquisitions at tel: 818-343-5544 ext 309.
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