Dvd Rental & Water Store For Sale - Great Location
Location:
United States
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California
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Southern California - All Southern California
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Long Beach
Industry: Retail > Movie Rental
Business Summary
This is a very clean, well run, local DVD rental business for sale that has been in the neighborhood for over 12 years. Revenue has been steady with a slight decline in 2009. A water store was added to the existing footprint in 2007 and is a growing segment of the business with very low cost. ($2,000/month in revenue with cost of $75 for water bill.) The owner and his wife work part time in the business. Employees work the weekends. A large portion of the revenue is cash. Some credit cards. No checks. Assets include thousands of current DVD titles and over $30,000 in water equipment that was new in 2007. Utilities are included in the rent. Very little competition in the area.
Financials
Asking Price Range: < $250K
Gross Revenues:
$201,820
Cash Flow:
$70,660
Cash Flow Type: EBITDA
Seller Financing: Not Disclosed
About The Business
Year Established: 1997
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Reason For Selling: Other business.
Photos
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Click on the "I'm Interested" button above for more information on this Retail > Movie Rental business for sale.
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Print Listing Id: 700116239
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