Exceptional Sex Positive Adult Stores in Central VA 26% Cash Flow Marg

Richmond, VA
listing image
Asking Price:$2,500,000
Gross Revenue:$2,350,000
FF&E:$100,000
Established Year:2002
Cash Flow:$600,000
Inventory:$600,000
Real Estate:$500,000
BUSINESS DESCRIPTION

Great Retail Opportunity - Owner has lived in Calif since 2019 - Passive Owner N

Asking Price: $2,500,000
RVA Business Brokers is delighted to bring this incredible opportunity to purchase two local, profitable adult stores in the heart of Virginia.
The US Adult Store industry generated $15.8 billion in 2023. Revenues are projected to reach $17.9 billion by 2029 with the rise of sex positivity and increased sexuality in the mainstream media.
The Business offers central Virginia top-notch toys, the hottest lingerie, and widest selection of DVDs and magazines. The first store opened in 2002 and won its first award in 2009. The Seller opened the second store in 2012. The property for the second location, valued at $500,000, is included in the sale.
Both locations welcome customers with a comfortable boutique setting designed to put both the shy and the bold at ease. The stores serve customers of all ages (18+), genders, sexual orientations, and comfort-level.
The Business generated $2,357,2020 in revenue and $606,856 in Seller's Discretionary Earnings (SDE) in 2023, which is a 26% Cash Flow Margin.
The sale includes one building valued at $500,000, assets worth $100,000, and inventory valued at $600,000. The inventory value will be finalized at settlement.
Don't wait to start the conversation!

Investment Highlights
Asking Price: $2,500,000
- Includes
- Building: $500,000
- Inventory: $600,000
- Assets: $100,000
- 2023
- $2,357,202 Revenue
- $ 606,856 Seller's Discretionary Earnings
- Two stores
- First store building is leased.
- Second store building is included in the sale.
- Established: 2002
- Award-winning Adult Stores
- Staff: 15
- Opportunities for growth
- Resume community events
- Invest additional time and strategy into social media and email marketing. The Business also saw good response from radio ads.
- Manage the website. A third party sells via the Business' website.
- 6,000+ Instagram followers
These Adult Stores are only limited by your imagination!


DETAILED INFORMATION
Location
Richmond, VA
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The Company occupies three retail locations. The first, the Midlothian store, is valued at $500,000 and is included in the sale. The second location is on W Broad St. This was the original location is leased.
Competition
Very hard to license this type of business thus making it very hard for others to enter vertical
Support & Training
As negotiated
Reason for Selling
Owner is absentee and has moved to California
Report an Issue with this listing
profile-img
Dan
Daniel
logo-img
Dan Daniel