Adult Video Store With Exploding Lotto Business
www.GlobalBX.com
Listing ID:
700132028
Listing Title:
Adult Video Store With Exploding Lotto Business
Quick Link:
http://www.globalbx.com/listing.asp?bId=132028
Industry:
Retail
Industry Segment:
Other Retail
Country:
United States
State / Province:
Maryland
Area
City:
Prince George's County
Asking Price Range:
$250K - $500K
Gross Revenues:
$240,000
Cash Flow:
$108,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1987
Number of Employees:
1 - 3
Business Description:
Well-established video rental/sale business for sale (20+ years) with skyrocketing lotto/keno/virtual racetrack sales. 90% of the video revenue is from adult movies, which is a very high-margin business. Just put in the lotto/keno/virtual racetrack in 2009. MD State Lottery officials are surprised with high growth and willing to support expansion of the business.
Very little competition in 5 mile radius - only game in town! With more regulations in PG county, this may be one of the few remaining players. You have to see it in person to believe the opportunity.
Owner is retiring due to very old age (in his 70s) and willing to teach the business if desired.
Email or call 301-802-9355
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