Welcome to the 21st century concept and ultimate destination for today’s Adult Lifestyle! This very profitable, highly visible, well-established adult megastore corporation has eight fully stocked, upscale, modernized retail locations as well online stores in the US and Canada that are distributor ready for the European marketplace. Complete with the largest selection of adult toys, videos and lingerie as well as extremely high profit private label products, this business has a proven profit-making formula with unlimited growth opportunities for new owners. RECESSION PROOF! PANDEMIC PROOF! The company is positioned for national growth with complete Financial Disclosure Document. If you’re ready to own an exciting, thriving business with limitless streams of income, then this business is for YOU! Inquire today!
- Asking Price:
- $20,000,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $11,500,000
- Cash Flow:
- $3,000,000
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
This business has eight upscale, fully stocked retail locations throughout the state in visible, high traffic areas. Each store has an upscale interior and exterior with tons of square footage. The corporation rents some of the locations owns others.
Business Operation
- Expansion Potential:
-
Growth and expansion opportunities are unlimited with this business. They’ve demonstrated consistent year over year growth and new owners can easily build upon an already proven success model to increase its visibility and revenues. The online stores have US and Canada presence and ready for expansion into European markets.
- Competition / Market:
-
This business’ mission is to provide the adult lifestyle to the masses and they’ve done just that with their retail and online stores. They’ve cornered the market and hold enough market share to be unaffected by the competition.
- Reasons for selling:
-
Retirement
- Employees:
- 44
- Years established:
- 24
Other Information
- Support & training:
-
Committed to a smooth transition to new owners. Support and training will be negotiated within the offer.
- Furniture / Fixtures value:
- $1,375,000 - included in the asking price
- Inventory / Stock value:
- $1,806,000 - included in the asking price
