Buy A Video Game Store For $1 Million

[Demon_Skeith]

Dave Smith is selling a game store, its entire stock, and even its 15-foot-tall Mario effigy on Craigslist right now, all for a cool $1,000,000. Why? Because the current owner just wants to retire after running the place for three-odd decades.

Located in Sacramento, California, Dave’s Retro Games opened in the late 1980s. As chronicled in an article published by Rio Miranda High School in 2018, the store’s owner and founder, Dave Smith, started selling games back in the early ‘80s at flea markets in Roseville, California. Eventually, he was making more money selling games on the weekend than he did in his normal job, so he quit and opened his own store. For the last 35 years the place has become a local favorite due to its huge selection and cozy atmosphere. However, after decades of collecting, buying, and selling video games, it seems Smith is ready to retire.

On June 25, Smith posted an ad on Craigslist titled “Video Game Store, 35 years, 20,000 games - $1,000,000 (Sacramento).” And as the title suggests, Smith is selling his huge collection of games, consoles, accessories, and more to anyone who has a spare million dollars to spend.

The Listing

 

[froggyboy604]

It is impressive that Smith is able to sell video games for 35 years.

I hope the store new owner will sell video games for fair prices.

 

[Demon_Skeith]

I would LOVE to purchase this and run it. But I lack the money and sadly I say at most.... 10-15 years these types of stores will be a finical death trap for owners.

 

[Ash]

Haven't had a chance to watch the video. Is the value of the stock mentioned somewhere?

 

[Demon_Skeith]

Haven't had a chance to watch the video. Is the value of the stock mentioned somewhere?

Don't think so, think he is just looking for a large sum and getting out of the business.

 

[Artisan Vistra]

I feel bad for the owner as well as the place of location because of the cost of living there in the first place.

 

[Demon_Skeith]

The listing for the store has closed, wonder if it sold?

 

[Henrywrites]

It is impressive that Smith is able to sell video games for 35 years.

I hope the store new owner will sell video games for fair prices.

I doubt that there are fair prices when it comes to buying games. It is something strange.

 

[Heatman]

The listing for the store has closed, wonder if it sold?

Maybe or they changed their mind from selling.

 

[Henrywrites]

Maybe or they changed their mind from selling.

Possibly sold because that amount was huge, but also worth it.

 

[froggyboy604]

I doubt that there are fair prices when it comes to buying games. It is something strange.

I also have doubts that the prices of games won't be fair unless someone who is more generous buy the game store, and decide to sell games for a lower price to get more buyers, or improve the owner's reputation with more buyers.

 

[Heatman]

Possibly sold because that amount was huge, but also worth it.

If sold, it's a good business for the owner.

 

[Henrywrites]

If sold, it's a good business for the owner.

And a big one at that. The type of money that can help one setup a different business too.

 

[Heatman]

And a big one at that. The type of money that can help one setup a different business too.

What can you do with a million dollars now if you get it?

 

[froggyboy604]

I wonder how the previous owner will spend the money he got from selling his games store for $1 million.

 

[Demon_Skeith]

I wonder how the previous owner will spend the money he got from selling his games store for $1 million.

When you reach retirement age, you kind of sit on money, or head to Vegas.

 

[Dead2009]

If I had the funds back in the day, I would have honestly bought a Hollywood Video or Blockbuster and just spent the entire night in there every weekend gaming.

 

[Demon_Skeith]

If I had the funds back in the day, I would have honestly bought a Hollywood Video or Blockbuster and just spent the entire night in there every weekend gaming.

Hollywood video, that is a name I have not heard in a long while.

 

[Joshua Farrell]

We have a similar store here at the local mall, the business tends to do pretty well, considering they have a limit on the age of the items to make sure people can get stuff that are atleast relatively new. Hope the guy was able to sell the business.

 

[Ja sa bong]

If I had the financial capacity to afford this project, I wouldn't hesitate buying the gaming store. It's a lucrative business because there is still a few stores like this in my state. They are doing well in their business.