PA Skill Game Center w/ Lottery and Gifts

Montgomery County, PA
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Asking Price:$600,000
Gross Revenue:$182,778
FF&E:$9,000
Established Year:1979
Cash Flow:$105,887
Inventory:$5,800
Real Estate:$350,000
BUSINESS DESCRIPTION

Very Profitable and EASY to run!!

LENDER PRE-QUALIFIED! Only 10% Down needed for the business ($250,000) and real estate ($350,000)!

Are you looking to own a profitable business that is easy to run in a wonderful area? This is it! Even better, the business AND the real estate are being sold as a package. That means no landlord! This is a PA Skills gaming center with a lottery machine and retail gift baskets entering its 45th year in business! Pennsylvania Skill games are fun to play and create sustainable, supplemental income for local businesses! Very easy to operate. It is surrounded by neighboring restaurants and retail shops receiving excellent foot traffic. You could easily increase revenue by extending hours, advertising, and adding more game machines that run themselves. To top it off, the building has a 2 bedroom/1 bathroom apartment on the 2nd floor producing additional income! This is an amazing, multi-revenue stream opportunity to own a small business and real estate in a fantastic neighborhood!

HIGHLIGHTS:

Real Estate price = $350,000
Business price = $250,000
Easy to run - only needs one employee at the store
No landlord!
Multiple revenue streams - rental income, skill games, lottery, gift baskets
Lots of opportunity for growth
Great location in a wonderful neighborhood
Businesses have been sustainable in this location for 85 years!


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Located in a great area with good foot traffic. Stores and restaurants nearby in walking distance. Building is in good condition with a new roof.
Competition
No other gift competition nearby. There are some other stores with lottery and game machines within a mile. This store has a nice following.
Growth & Expansion
Staying open until 8 or 9pm would increase revenue tremendously. Open the store on Sundays. There is a wine & spirits store across the street that is open on Sundays. Add other products. Add more gaming machines. Run sales promotions. Advertise on social media. There is a lot of room for growth!
Financing
Lender pre-screened with $60K down.
Support & Training
Will train for 2 weeks @ $0 cost.
Reason for Selling
Retirement.
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Jessica
Viscusi
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Jessica Viscusi