Adult Video Store With Exploding Lotto Business
Location Maryland,United States
Asking Price Range $250K - $500K
Gross Revenues $240000
Net Profit / Cash Flow $108000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1987
Number of Employees 1 - 3
Inventory 120000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Willing.
Reason for Sale Old age/retirement.
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
Click Here To Contact Seller
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