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Gaming Products and Services Business - Mixed Use Real Estate Included! - SC2209

Gaming Products and Services Business - Mixed Use Real Estate Included! - SC2209
Asking Price: $1,699,000
Cash Flow: $50,000
Gross Revenue: $200,000
Down Payment: $1,699,000
This Northern California based Gaming Products and Services is a California Sole Proprietorship and was established in 2016 and has been under current ownership since inception. They offer an extensive collection of gaming hardware, software and accessories. From cutting-edge gaming consoles and powerful gaming PCs to high-performance peripherals and immersive virtual reality gear, they have everything a gamer needs. Their handpicked selection includes the latest releases from renowned brands, ensuring their customers stay at the forefront of gaming technology. Additionally, they offer reliable and efficient repair services for all types of gaming equipment. Their skilled technicians have years of experience and expertise in troubleshooting and fixing various consoles, PCs, controllers and more.
Business Location
City: Northern California
State: California
Reason for Sale
The reason for selling is Seller are looking to pursue other interests.
Detailed information
Year Established: 2016
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 1
Part-Time Employees: 1
Contractors: N/A
Owner Worked Hours/w: 30
Adjusted EBITDA: $50,000
Inventory Included: Yes
Inventory Value: $100,000
Monthly Rent: $1,600
Real Estate Available: Yes
Real Estate Included: Yes
Real Estate Value: $1,500,000
Building Size: 1800
FF&E Included?: Yes
FF&E Value: $50,000
Training/Support
The Seller is willing to provide training for 4 weeks at 20 hours per week. Additional training from the Seller is available beyond what is included in purchase price at mutually agreed to terms between the Buyer and Seller.
Market Outlook/Competition
The North America Gaming Market size is estimated at $74.5 Billion in 2025, and is expected to reach $112.80 Billion by 2030, at a CAGR of 8.65% during the forecast period (2025-2030).• The gaming market in North America saw unprecedented growth in recent years due to increased mobile penetration and the availability of new consoles in the North American market.
Real Estate Description
The real estate is owned by the Sellers and is available for purchase at $1,500,000. Currently this business occupies 1,800 square feet and they pay a base rent of $1,600 under a month-to-month lease with no CAM charges. Upstairs there are 4 apartments that generate $5,600 in rent (Two 1BR/1BA at $1,000 each; 2BR/1BA at $1,800, 3BR/2BA at $1,800). There is also another commercial tenant in the building pays a base rent of $3,500 per month with no CAM charges.
CA 02282967
NV B.1003039.LLC
NV BUSB.0007191
Listed By: Charise Morojo
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Background information
Reference:
SC2209
Year established:
2016
Reason selling:
The reason for selling is Seller are looking to pursue other interests.
Finance
Sales:
$200,000
Profits:
$50,000
Operations
Employees:
Full-Time Employees: 1 Part-Time Employees: 1 Contractors: N/A
Equipment:
FF&E Included?: Yes FF&E Value: $50,000
Inventory:
Inventory Included: Yes Inventory Value: $100,000
Furniture fixtures and equipment:
FF&E Included?: Yes FF&E Value: $50,000
Premises
Facility:
The real estate is owned by the Sellers and is available for purchase at $1,500,000. Currently this business occupies 1,800 square feet and they pay a base rent of $1,600 under a month-to-month lease with no CAM charges. Upstairs there are 4 apartments that generate $5,600 in rent (Two 1BR/1BA at $1,000 each; 2BR/1BA at $1,800, 3BR/2BA at $1,800). There is also another commercial tenant in the building pays a base rent of $3,500 per month with no CAM charges.
Square footage:
1800
Rent and lease terms:
Monthly Rent: $1,600
Location:
City: Northern California State: California
Opportunities
Growth:
The North America Gaming Market size is estimated at $74.5 Billion in 2025, and is expected to reach $112.80 Billion by 2030, at a CAGR of 8.65% during the forecast period (2025-2030).
Market:
The North America Gaming Market size is estimated at $74.5 Billion in 2025, and is expected to reach $112.80 Billion by 2030, at a CAGR of 8.65% during the forecast period (2025-2030).• The gaming market in North America saw unprecedented growth in recent years due to increased mobile penetration and the availability of new consoles in the North American market.
Price and terms
Price:
$1,699,000
Down payment:
$1,699,000
Financing:
Seller financing is not available at this time.
Training:
The Seller is willing to provide training for 4 weeks at 20 hours per week. Additional training from the Seller is available beyond what is included in purchase price at mutually agreed to terms between the Buyer and Seller.