Contact: Tim Carter
Email: [email protected]
Your Reference ID: TC1031318
The founder/owner/seller of three successful West Michigan retail gaming businesses (all with strong cash flow) needs to his transition his businesses to new owners so he can address some family matters. His problem could be your opportunity.
Each store is located in a desirable West Michigan city, and each location operates with only two full-time, and one or two part-time employees. The businesses combine for an impressive average annual revenue of $1.25 million. Importantly, each store has been profitable from day one, and each store has a favorable and assignable lease.
Revenue is derived from the sale of new and used video games, board games, collectable card games, pop culture items and the like. The seller’s business philosophy stresses unmatched customer service by maintaining immaculate facilities that are very well stocked with current inventory and extremely well organized and customer friendly.
With an average annual SDE (seller’s discretionary earnings – normalized cash flow available for an owner-operator to pay himself and service debt) of $250,000, the business is being offered for $595,000, a competitive 2.38x SDE. Each store carries approximately $100,000 of inventory which must be purchased separately. The seller will carry a meaningful seller note for a qualified buyer.
The purchase of this established and successful operation will enable a buyer to step in and immediately become a player in the profitable, exciting, fun and fast growing multi-billion dollar video game industry. For more information about this excellent opportunity, please call Tim Carter at 616-560-1080 or email
Asking Price: $595,000
Cash Flow: $250,000