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Franchise Video Store

Vermont (Chittenden County)

Services - Amusement & Recreation | Services - Other Miscellaneous services

Asking Price $150,000 Inventory $500* 
Gross Income $173,000 Real Estate  
Cash Flow $79,000 Year Established 2001
FF&E N/A Employees 8

* included in the asking price

** not included in the asking price

Video Store with or without Franchise Agreement This Turn Key leasehold business located at a small Vermont community and enjoys the lion s Share of the local market. The business is currently operating as a S-Corporation. Certain Assets from the corporation are offered for sale to include Business, Business Name, Leasehold, Vendor Agreements, $500 Inventory at cost, Furniture, Fixtures, Equipment. Sales have consistently been in the $200,000 range with the adjusted 2007 profits of $79,207. This is a small business that can be run by an owner plus 1-2 part time employees. This business is sustainable and priced to sell at $150,000 including $500 of inventory at cost. The movies and games are not considered inventory but rather depreciable assets. The seller offers transition assistance and a covenant-not-to-compete. The business will need little to no capital improvements and is ready to start cash flowing for a new owner day ONE. The Landlord is aware of marketing and is looking forward to working with a new qualified owner. This is a highly confidential listing and information will only be shared with qualified buyers who have properly completed both a Buyer Information Form and a Non-Disclosure Agreement.

AD # 384383

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