Iconic Adult Store
| Asking Price: | $1,200,000 |
| Gross Revenue: | $700,000 |
| Rent: | $27,600/Year |
| Established Year: | 2008 |
| Cash Flow: | $386,000 |
| Inventory: | $300,000 |
| FF&E: | $300,000 |
This has proven to be a recession resistant industry for decades. In good times and bad people will seek entertainment and the adult industry has a special place in our society, the numbers are undeniable. This establishment has been in operation over 15 years and because of their longevity they enjoy the distinction and benefit of having a “grandfathered” status. They are also protected because they are located in the county, just beyond city limits. This business benefits from being the only full fledged adult novelty store within a 60-mile radius. They have effectively positioned the business to give them a unique market presence.
This is a huge retail space with approximately 4,000 sf for floor space and over 20 parking spots for patrons convenience. The inventory valued at $300,000.00 is meticulously organized. The store has seven glass displays and two state of the art POS systems. They use energy-efficient LED lighting, they have two refrigeration units, and two independently controlled air conditioning systems. Additionally the business has a robust security system with a 24 camera surveillance system and an alarm system.
This business has a well established and recognized name within the community. This would be a great opportunity for a new owner to duplicate the store's success by opening a new store bearing the same trusted name in a nearby city. There is a huge untapped customer base in the surrounding areas. The profit trajectory for the business has been consistently on an upward trend, indicative of the growth potential offered.
