Novelty Store For Sale With Seller Financing
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $540000
Net Profit / Cash Flow $161950
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 4 - 5
Inventory 486000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Reason for Sale Owner owns several shops; wants to keep only those with property.
Description This is one of the BEST novelty stores in Houston, established in January, 2004 and open 24 hours -- a one stop shop which has novelty items, smoke items, adult DVDs, books, magazines, and Bachelorette Gifts. The owner owns 5 stores under the same name and wants to sell his first store which is very profitable. They currently have 3000 members, 15,000 DVD's, 15 preview rooms and 90 VCR's. Asset value is currently $486,000 but asking price is $270,000. Owner financing is available for qualified buyer. Please refer to CBB Listing #7051JY for more information on this Novelty Store for sale.
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