Retail - Miscellaneous Retail | Services - Amusement & Recreation

Asking Price	$2,600,000	Inventory	$480,000**
Gross Income	$2,500,000	Real Estate
Cash Flow	$700,000	Year Established	1998
FF&E	$21,000*	Employees	8

* included in the asking price

** not included in the asking price

Founded in 1998, the owner has exclusive lease retail video game stores of approximately 2000 square feet at each of two major Baltimore area shopping plazas. The stores offer a wide selection of new and used game systems, video games, CDs, DVDs, and related accessories. The Company trades and accepts used gaming, music, and video items for store credit or cash. Additionally, the stores have an in-store technician that can repair video game systems, CD players, and DVD players. This process typically takes between two days and a week, which is significantly faster than sending the defective unit to the original manufacturer and is an important attraction for customers.

Facilities: One location is in a leased 2,048 square foot retail store in Anne Arundel County, Maryland. A second location of 1909 sq. ft. is located in Baltimore. Both locations have game store exclusivity rights in their respective shopping center plaza locations.

Competition: The two businesses operates in a segment of the hobby and toy store industry, specifically video games, which consists of several layers of competition. The industry s growth and risk is directly related to the local competition, overall health of the US economy, population growth, and consumer demographics.

Growth/Expansion: Consumer spending is a key driver of demand for toy and hobby stores. Growth and success have been, and will continue to be, driven by the Company s local reputation for offering quality products and services, dependability, and timeliness, supported by superior customer service and competitive prices. Nonetheless, the need for a well-conceived marketing and business development program will be integral to take the Company to the next level.

Support/Training: The principals are willing to stay on through a transition period.

Reason Selling: Retirement