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Specialty Store
Location: United States -> New York -> New York City
Industry: Retail > Other Retail




Business Summary

Here's the other Cash Cow! Four floors 2,000 Sq Ft each of entertainment plus Basement Fully stocked free standing Adult store for sale with all kinds of adult toys, DVD's, novelties, lingerie,shoes and clothing. Prime location Midtown Manhattan in high traffic area plus excellent visibility. Open 24 Hrs. Turn Key operation. 17 show machines 225 channel Videotel brings in $1,500 and and $8,000 daily on the rest of the merchandise.Fully Alarmed 32 surveillance camera system. Each floor with Fire Escape exit with 3 bathrooms and slop sink. Black cement special pavement and green granite store front surface. Security electric gate for protection. New Bathrooms, New Tile floors, New Sprinkler System, New Store front Hercules Door, New electrical lines, New Heating unit,New 4 feet wide steel stair case and brand new Central AC system. Practically remodeled entire store with illuminated flashing signs on both sides of the store. Long lease Easy operation 90% cash business!Enormous growth and great opportunity for someone to grow the business substantially. Absentee owner!


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $285,000
Cash Flow:   $3,465,000
Cash Flow Type:  EBITDA
Inventory:  $700,000
Seller Financing:  No

About The Business

Year Established:  1994
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  As needed.
Reason For Selling:  Needs cash.




Print Listing Id: 70099874
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