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- RE: Rare Vending Bar Video Games And Supplies Est. 19
- Contact: Pete Harrison
Quick Facts
Asking Price: | $679,990 | |
Annual Revenue: | $975,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $505,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1994 | |
Employees: | 2 | |
BBN Listing #: | 953656 | |
Broker Reference #: | 8998-00136 |
Business Overview:
A pillar in the community for nearly 4 decades. This games and entertainment media supplier has built a consistent income stream for itself and its happy customers. Currently actively supplying and servicing approximately 40 local accounts in supplying bar owners with necessary components for keeping their clients happy and spending $ on touch tunes, pool tables, dart boards, and video arcade-style games.
They pride themselves in offering outstanding service to their customers. Service includes maintaining and replacing games as needed and satisfying the existing accounts and bringing on new ones. This one already has a green light on SBA approval and the seller is also the landlord so obtaining a lease will be no issue. Excellent sellers ready to move onto retirement after 35 years in the business. Truly a turn-key operation and will sell quickly.
****Important**** All buyers must complete either the attached NDA or request an electronic one. Buyers who complete the buyer's profile and financial statement will receive priority. We sell 100's of businesses and want to make the best fit for both buyers and sellers. No information including location, financials, or name of the business will be released without a personal financial statement, (proof of funds), short BIO, and signed NDA. A letter from a CPA or Banker will also suffice. This is 100% Non-Negotiable.
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Property Features and Assets:
Over 500K in video games, pool tables, dart boards, money changers, and spare parts. A complete list of assets will be provided post-signed NDA and Lender pre-approval. Located in a warehouse owned by sellers. Plenty of parking for all.
Market Competition and Expansion:
This business has already stood the test of time and pandemics and economic downturns which in both good and bad times people drink and spend $ in bars and gaming is a huge part of it. They currently service 40 active accounts. Not much competition as their customer service is what separates them as well as their long-term relationships in the community.
Currently has zero online presence or social media. Adding additional accounts by adding a salesperson would add to the bottom line. Expand on the bar supplies business as every bar needs these items. Partnerships within the community and fostering deeper relationships through schools and sports sponsorships.
Reason for Selling:
Time to retire.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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