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Video Rental For Sale - Portsmouth, Virginia, VA - Portsmouth City County |
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| PROFILE: Great Opportunity To Own An Expansive And Long Established Video Rental Store. |
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| USABizMart Ad #: |
123662 |
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| Seller Or Contact: |
Frank Chebalo |
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| Primary Phone: |
757-557-0006 |
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| Alternate Phone: |
None Given |
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| Email Address: |
See Form Below |
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| Date Ad Started: |
10/9/08 |
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| Date Ad Last Revised: |
12/1/08 |
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| Asking Price: |
$350,000 |
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| Down Payment: |
$70,000 |
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| Annual Revenue: |
$560,000 |
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| Annual Adjusted Net: |
$250,000 |
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| Price Range: |
$250,001-$500,000 |
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| Franchise: |
No |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Cooperation: |
Call |
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DESCRIPTION: Price Reduced! Great Location! Nice Cash Flow! This Is A Great Opportunity. The Owner Has Enjoyed Consistent Earnings Despite Downsizing In This Category, And Is Projecting Continued Growth And Opportunity Going Forward.
The Owner Has A Winning Formula, Which Has Allowed Him To Enjoy The Profitability And Excitement Associated With An Operation In The Video Rental Line. The Location Is Ideal, And Has Become An Established Icon In The Community. To Keep The Brand Strong, The Owner Has Designed A Substantial Marketing Plan Keep The Revenue Generating Engine Alive. That Coupled With A Continually Changing Inventory Keeps The Customers Returning.
The Strong Brand Associated With This Facility Insures Longevity Well Into The Future. The Current Owner Has A Wealth Of Knowledge In The Video Rental Business And Can Train A Buyer In The Art Of Making Money In This Type Of Business With Respect To Pricing Strategies, Turning Inventory, Sales Promotions, Etc.
The Owner Is Retiring And Planning To Move Out Of State. A Long Lease Is In Place At A Very Reasonable Cost. |
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