Retail - Miscellaneous Retail | Services - Amusement & Recreation

Asking Price	$70,000	Inventory	$80,000*
Gross Income	$205,997	Real Estate
Cash Flow	$67,619	Year Established	1993
FF&E	$30,000*	Employees	6

* included in the asking price

** not included in the asking price

A once in a lifetime opportunity for an entrepreneur that is looking for a concept that has the franchise structure, but not the cost of a franchise. A clean, profitable video store established in 1993, it is one of the largest and oldest independent video stores in the area . It is located in a strip mall area friendly to small businesses, and has excellent parking and great exposure to the busy main street. Business is housed in over 4500 square feet space to accommodate large inventory of movie rentals and movies that are for sale to the consumers. Business offers a variety of ice cream and candies that would compliment your movie viewing. Movie inventory totals over $80,000. Store also has a large variety of adult movies in their private adults only section. Annual revenue has been over $250K for the last 3 years with the cash flow ranging from the high 60 s to the mid 80 s.

Facilities: Great location with no chain competition nearby. Business has 14 year history in same location. Plenty of parking with a reasonable lease space rent. Situated near a Hallmark and CVS store. The current lease is $4000 per mo plus cam lasting until Oct of 2009 with 2 options available.

Competition: 2 competitors are about 2 miles east and 2 mile north of this location. However they pose no threat, because they can not compete with pricing, or incentives that this store offers regularly to draw the customers in. Many options to offer the consumer by not being a franchise that regulates pricing and due dates of movies.

Growth/Expansion: Video store has been in the same location for 14 years, and it maintains a competitive edge over its competitors with pricing, selection of new releases, family friendly hours and diverse selection of snack foods. This video store has developed a loyal customer following that has been coming to the store since its inception. Area has new development and established neighborhoods that continue to patronize this store time after time.

Financing: None available

Support/Training: 2 weeks training to happen after the closing of the transaction

Reason Selling: Other business interests.