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Sep 24, 2018 — Inside Sales of $55,000! Game Machine Income of $10,000! Average margin of 35%!
Cap rate at 27.83%! Owner's net profit yields over $347,000 per year! Factoring a mortgage of 20% down, 20 year term, and 7% interest, your net profit still exceeds $254,000!
Asking price bottom line: $1,250,000 + inventory. Lease-Purchase Available for 20% down. 20 year amortization, and 7% interest rate. The financing will be for a period of 3 years. In the 3rd year, buyer must obtain bank loan.
2 years left on game machine contract. 6 years left in jobber contract of rack+1.
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