This 20 year old and profitable retail novelties and entertainment shop has been successful in the location for several decades. This business is currently being run semi-absentee with a manager and other staff in place . They offer adult videos, toys, lingerie and more, but there is still room for growth by adding additional products, doing advertising and growing other sales channels. The location is well-known on a busy street with lots of shopping in the area.
- Asking Price:
- $158,900 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $322,487
- Cash Flow:
- $88,979
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
month to month but open to long terms
- Leasehold Rent:
-
$43,200 per annum
- Location:
-
Over 7,000 sq ft of retail space on a major rd.
- Size in square feet:
- 7,000
Business Operation
- Expansion Potential:
-
Better INTERNET presences and advertising, update website, expand drop ship business, more time then money to increase sales.
- Reasons for selling:
-
Retirement
- Trading hours:
-
7 days 10am - 9pm
- Employees:
- 2
- Years established:
- 2005
Other Information
- Support & training:
-
2 weeks
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
TBD
- Furniture / Fixtures value:
- $30,000 - included in the asking price
- Inventory / Stock value:
- $100,000 - included in the asking price
