Video Store in Upscale Community...

 

A 25 year old video store that is owned by current owner for the past 18 years. The current owner is looking to move back to his roots in New Orleans. The business needs a new vision and leader. The business has weathered all the video expansion over the last quarter century. They get additional revenues from media transfer work. Tranferring one media to another. Very profitable and all the equipment is current and in working order! The neighborhood is a very loyal community. They are loyal to their retailers. The business has 2000 current customers on record. All customers pay an annual fee to be able to get rentals. The retail space is very large and the inventory is all on display and owned. This can be a multiple retail environment. You can sell other merchandise than just videos and video rentals. Plenty of parking right outside the front door. Very ample office and back room space. The average customer comes into the store in a great mood. Unlike most other retail...the customer comes in happy and leaves happy. The new owner should be someone that likes people and likes talking with people. The customers are always looking for a conversation.Has website and web address. A great business for a secondary income. Seller will transition the business to the incoming ownership as needed. He is moving back to New Orleans but is not in any hurry. Business is making money and can make a lot more with a new leader! Are you the one to transition this business to a new level?



Please refer to listing ID: 1152

Primary Industry: Video Related Biz
Industry Segment: Video Stores
Business Description: Video Store in Upscale Community...
General Location: Fairfield County, CT
Selling Price: $250,000
Inventory Included: Yes ($50,000)
Gross Revenue: $250,000
Equipment Included: Yes ($150,000)
Sellers Disc Earnings: $75,000
Real Estate Included: No
Can Be Relocated?: No
Is this a Franchise?: No
Home Based Business?: No
Other Assets Included: $25,000

Name: Vincent A. Basso
Company: Basso Associates,LLC
Address 1: P.O. Box 16761
City: Stamford
State: Connecticut
Zip: 06905
Country: United States
Email: basster52@aol.com
Phone: 203-968-2855
Fax: 203-329-1737

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Basso Associates, LLC.

P.O. Box 16761

Stamford, Ct 06905

(203) 968-2855    (203) 329-1737 FAX

info @ bassoassociates.com