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Video Rental & Retail Store

Newport News, Virginia (Newport News City County)

Retail - Miscellaneous Retail | Services - Amusement & Recreation

$Seller Financing Available

Asking Price $125,000 Inventory $75,000* 
Gross Income $200,000 Real Estate  
Cash Flow $60,000 Year Established N/A
FF&E $35,000* Employees N/A

* included in the asking price

** not included in the asking price

Video rental and retail facility! Extending the brand of a long establish operation from the South Side. The owners have enjoyed over 20 years of success, and projections for the future are very positive. 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 is becoming established in the community. To keep the brand strong, the owner has designed a substantial marketing plan. That coupled with a constantly changing inventory will keep 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.

Seller Financing Available: Yes

Financing: Seller will provide financing

Support/Training: Seller will provide training

Reason Selling: Retirement

Business For Sale By

Frank Chebalo

(757) 557-0006

Sunbelt Business Brokers -- Hampton Roads

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