Internet Business Guide

18 Feb

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Overview

Online Business OpportunityOnline Video Game Store

Internet Business Guide Listing #7203

Status: SOLD
Days On Market: 102
Sale Price: $950,000
Business Type: NAICS 464111
Business Category: Etailer
Business Name: NDA
Business Web Site: NDA
Asking Price: $1,000,000
Down Payment: $1,000,000
Gross Sales: $1,600,000
Cash Flow (or SDE): $350,000
Asking Price As Multiple of Cash Flow 2.9
Year Established: 2004
FF&E: (included in the asking price) $50,000
Inventory: (included in the asking price) $5,000
Employees: 8
Absentee Owner: No

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Business Summary
Online Video Game Store Internet Business Opportunity A home based business, minimum online video game store inventory, and customers pay in advance by credit cards. This legitimate online business combines fun, high tech and making money online. Popular video games are sold on Internet.

The business is supported by multiple websites which are included in the sale. The video game market is expected to expand at an 11.4 percent annual growth rate to $46 billion in 2010 from $33 billion in 2007. The owner started this business three years ago and now wishes to branch out in a different direction.

Facilities: home based business opportunity

Growth: The video game industry is projected to overtake the music industry in the US, with global spending on video games surpassing music spending as soon as this year, according to consulting firm Price Waterhouse Coopers. The research firm released the data in its annual Global Entertainment and Media Outlook report covering 2007 through 2011, which projects expected growth in the entertainment, film, music, and video game industries, among others.

Video Game spending by consumers includes both (1) purchases via retail, made online, or made through mobile providers and (2) subscriptions. In the United States, spending also includes advertising on video games. The category excludes spending on the hardware and accessories used to play the games.

Training: 2 weeks @ 20 hours per week

Reason Selling: Other business.

Listed By: Sunbelt of Pasadena

Quantcast Data: ebGames.com (for category comparison, not the website for sale) Ebgames.com is a top 5,000 site that reaches over 1.4 million U.S. monthly uniques. The site is popular among a younger following.The typical visitor visits gamecrazy.com and patronizes FYE. CLICK IMAGES TO ENLARGE

Traffic Overview

online game retailer

US Demographics

online video game store

Affinities & Audience

best online game store

Recommended Reading:

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