VIDEO GAME SHOP NETS $100k. RETL448

Price: $199,900

Location: Lycoming, Pennsylvania

Industry: Retail

Listing ID: RETL448

Video Game destination shop with all things related. This is wonderful business opportunity located in Lycoming County Pennsylvania. They have a wide selection of games to choose from including all of the required equipment. The company has a 2021 gross income of $469,505 and a net yearly income of $110,387. This shop specializes in new and used products in the video game market including consoles, games, and accessories. They have items ranging from brand new to vintage. Other items offered include customized controllers, handhelds, vinyl decals, plush toys, video game themed board games, strategy guides, and blu-rays. This is a dependable and safe business purchase opportunity, based on the asking price, which includes owner financing, this business expects to supply a consistent return on investment to the owner operator.

 

Listing Details

Revenue: $469,505

Cash Flow: $100,000

FFE: $55,000 (Included in Price)

Inventory: $49,999

Reason For Sale:

The purpose of this business transaction is due to the owner relocating out of the state of Pennsylvania and into an alternative industry.

Training & Support:

Training and owner support, the owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator. Also, if required the seller may be available to supply additional training, at a fair cost to the purchaser.

Location

Security on Lease: Two Months

Lease Option: Yes additional options.

Monthly Rent: 2500

Type of Location: Active commercial Mall

Square Footage: 1,400

Relocatable?: Yes

Facilities Information:

This business facility which consist of approximately 1,400 square feet have a modern and attractive appearance. The business is in a convenient commercial mall with many other active businesses. This opportunity is in Eastern Pennsylvania, Lycoming County, which consists of highly populated communities with continued demand for these games and products.

Summary

Owner Qualifications:

For Qualifications purposes, this business opportunity and industry does not require government licensing approval to purchase or operate other than the standard required municipal licenses.

Competition:

Regarding competition, to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Potential Growth:

Regarding growth and expansion, the business opportunity can be further expanded by the new operator by instituting a web site, improving the marketing and the required local advertising.

Financing/Terms:

Owner financing to be negotiated.

Ron Cervelli

contactus@regalconsultants.com

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