Sellers Ref: (590197)

Location: Victoria - DELAHEY -DELAHEY

Category: Franchise

Asking Price: $ 170,000
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed

Civic Video Franchise - DVD Rental, Games Rental, Retail

- Asking Price: $170,000 (plus SAV of approx $6,000)
- Annual Sales: $476,494 (11/12)
- Weekly Sales: $9,163
- Annual Gross Profit: $297,725
- Adjusted Net Profit: $135,000 (owner operator)

- Lease Details: monthly rental of approx $80,000 per annum plus GST, no outgoings, 5+5 lease commenced November 2010, annual increases of CPI. Size of premises is 253sqm

OVERVIEW
- Perfectly situated within a busy shopping precinct with plenty of customer parking available
- Civic Video is recognised within the video entertainment industry as a dynamic and progressive organisation
- Ideal business for a first time buyer or experienced operator. Full support from the Franchisor provided

STRENGTHS/ BENEFITS
By becoming a Civic Video franchisee, you benefit from Civic Video's proven business support system, which includes:

- A unique purchasing system, second to none in today's rental and retail market
- Training that leads to best industry practice
- In-house business tools to help you manage your business
- Innovative marketing
- The benefits of a high profile brand identity.

Further you will be linked to highly professional and successful owner operators who willingly share their secrets of success with you.

You will also receive one-on-one ongoing business support and training by a team of experienced Franchise Business Managers, skilled in all aspects of video store operation. They will advise you on store layout and design, marketing, purchasing and day to day operations, which will help you to achieve a maximum return on your investment.

SUMMARY
- Exceptionally strong brand and retail format
- Excellent location and lease terms
- Great team of staff willing to stay on under a new owner
- Minimal competition in the local area

REASON FOR SALE
- Owner selling due to work commitments (has employment outside of this business)

Contact Cameron Ryan of Boyd Ryan Business Sales and Consultants on 0411 145 114 for a confidential discussion about this business or register your interest below to receive a comprehensive Business Information Memorandum. Please quote reference BR1053.

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