Games & Accessories Business For Sale
About this business for saleGames & Accessories Business For Sale
This games and accessories retail business on offer was established in Jan 2014 and it opened its doors in March of 2014. The Owner has been the sole owner from then to present.
The business is ideally situated in a very spacious shop, very visible to customers in a well-known and popular busy shopping centre in an up-market area in the West Rand.
The business specialises in the sale of games on all platforms PS4, Xbox 1, Xbox 360, PS3 and PS2, accessories and controllers. It also stock new games as well as second hand games which provides a cheaper alternative to new games as well as stock accessories for the different platforms in the form of controllers, cables, online gaming vouchers etc.
Since its inception the Owner has introduced additional services such as online console update facilities at affordable rates and also introduced a repair service which caters for clients whose consoles are faulty. This has basically become a business on its own.
There are no competitors within the centre and a well-known high school is also within walking distance from the centre. Most of their competitors have closed down at other nearby shopping centres. The Owner believes that his shop survives due to their professional level of service as well as the added services they offer.
The Owner believes that the shop has established itself as a competitor in the market. It however requires an owner that has business and industry experience to take it to the next level. For this reason he has decided to return to the corporate environment to explore his passion as a training manager which currently occupies most of his time.
The target market is all age groups, male and female. Advertising and marketing is been done on an own website as well as on Facebook, Twitter, Instagram, flyers and word of mouth.
The average monthly turnover for the 2017 financial year 2017 was R69 432 and the calculated NPBITD amounts R125 690.
The selling price of this business opportunity is R280 000 (Plus VAT where applicable) and includes assets of R101 000 and trading stock valued at R100 000.
The calculated ROI is 45% with a 27 month payback period.
Financial information as well as a detailed asset register is available to serious buyers.