| Asking Price |
$250,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$71,495 | Real Estate |
|
| Cash Flow |
$44,000 | Year Established | 2007 |
| FF&E |
N/A | Employees | 0 |
* included in the asking price
** not included in the asking price
This business offers the ultimate freedom and flexibility. No employees, no inventory, no set schedule and it's not yet a full time job. Great opportunity to get an existing Play N Trade Video Games area developer territory covering the entire state of Louisiana. 2007 video game industry sales grew 43% over 2006 and have continued this pace in 2008. Named one of Entrepreneur Magazine's 2008 Top Ten New Franchises, Play N Trade just sold its 500th franchise and continues to be one of the hottest franchises in the country. As an area developer you have two primary responsibilities: supporting existing franchisees and marketing/recruiting new franchisees. This is not yet a full time job. You need to visit the stores at least once per month. Otherwise most of the work can be done out of your home or office. There are no employees or inventory headaches. You earn a flat percentage of every franchise fee plus the same percentage of royalties based on each store's gross sales. The Louisiana territory is strong with some of the best owners in the franchise. 9 stores will be open in the territory by 7/15/08 so the business will have a well-established royalty stream of approximately $50,000 annually and growing. Only 2 stores were open throughout 2007 so the royalty stream will be significantly higher going forward. A regular Play N Trade territory has 3 million population and is $200,000. This territory has 4.2 million population and soon will have 9 stores generating positive cash flow every month and growing. This is a great opportunity in the hottest franchise in the fastest growing retail industry.
Facilities: None
Competition: The primary competitor is GameStop. Big box retailers like WalMart and Target also sell video games and there are a few indepent stores as well. Play N Trade stores offer many competitive advantages including try-before-you-buy, tournaments, owner owned and operated, console and game repair, classic game and system selection plus other niche products. Video games are huge in Louisiana and business costs are low making it ideal.
Growth/Expansion: The main competitor has 63 locaitons in Louisiana compared to Play N Trade's 9 so there is tons of growth potential, especially considering the rapid growth of the industry.
Financing: up to $50,000 at 10%
Support/Training: 1 week plus Play N Trade corporate provides training
Reason Selling: I live in Arizona so as the territory has grown it's become difficult to support

To inquire about this business for sale, click the Reply button below


The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms & conditions before responding to any ad.

