Sunday, September 2, 2012

Another used games retailer in Florida is selling their business on eBay

Remember a couple weeks ago, when Shane Butcher tried to sell his entire material life on eBay, including the chain of games resale shops he owns? Well, it turns out no one took him up on his $3.5 million "American dream," but that hasn't stopped the owner of a competing chain of Florida resale shops from deciding to do the same thing.

Rather than selling an entire life's worth of cars and property along with the stores, "Buddy and Dave" will only be selling the three existing Gamers HQ locations in Belleview, Inverness and Gainesville, Florida for a cool $2.6 million. All three locations are profitable and have been since day one, according to the eBay listing.

Both Buddy and Dave will stay on as consultants for three months after purchase, with an option to help open a fourth location that is already in the planning stages. Additionally, 10 percent of the listing's final sale price will be donated to St. Jude Children's Research Hospital. "This business succeeds thanks to children and giving back to them will be our first step if sold," reads the listing.

The chain of stores reportedly makes over $400,000 a year and prospective new owners can expect to earn a monthly take-home income of around $4,000, but if you can afford to spend $2.6 million on something, you're probably earning more than 50 grand a year anyway.

Source: http://www.joystiq.com/2012/09/01/another-used-games-retailer-in-florida-is-selling-their-business/

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