Total of 18657 firms and businesses for sale today Friday 29th March 2024
Time to Sell or Time to Buy !

Business For Sale. Video Stores Are Still Producing Healthy Profits!

LISTING DETAILS
Firms For Sale ID:
31498
Vendor reference:
15125
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$475,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
This video store is part of a well established home grown Kiwi Franchise group that started in 1984. This particular store is one of only two in a sub-city of more than 52,000, and is part of a destination shopping precinct at a thriving Mall. Although it has a competitor, this store dominates the video market in the area.

Well established and very well stocked, this is a great buy for a keen operator. This is a big store with a big future.

Currently operating as a company store that employs a manager, this business produced a very healthy managed profit in 2012 - 21% on revenue of $729,254.
An owner operator could achieve a 47% return on the asking price. A husband and wife team could produce a great deal more, AND the Franchisor has some exciting growth opportunities lined up that will significantly increase the top and bottom lines!