Buy This Man's Life, Get Three Game Stores

Karloff

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Oct 19, 2009
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Buy This Man's Life, Get Three Game Stores



A 29-year-old Florida man sells his entire life, including a massive Halo collection.

What would you do if you wanted to retire? Quit your job would probably be a first step, and Shane Butcher has decided to do just that. Except that he owns his job - and a chain of three R U Game stores - so it made sense to him to sell them on ebay instead. His stores, his sports car, his waterfront condo, his collection of classic video games; it's all going in one big ebay bundle, current asking price $3.5 million. [http://www.ebay.com/itm/MY-LIFE-SALE-R-U-GAME-VIDEO-GAME-STORE-BUSINESS-WWW-RUGAMESTORE-COM-/261065510465?pt=LH_DefaultDomain_0&hash=item3cc8b78e41&ssPageName=RSS:B:SHOP:US:101#ht_974wt_1141]

If you do take on this mini empire, you don't just get a few brick-and-mortar money pits. You get Butcher himself for 6 months, acting as your mentor in the wicked ways of retail. "You will be taught the ins and outs of the business," Butcher promises, and he also says he'll handle all the paperwork and pay the first year's lease and taxes on the properties. "All employees have agreed to give 110% in helping the new owners with the transition," says Butcher.

For those interested in Butcher's games collection it includes many hundreds of systems and obscure titles, along with a fair amount of Halo stuff: "Halo Reach 360 system in box with 4 Reach controllers, Halo 3 360 system in box, another Halo 3 360 with 4 green Halo 3 controllers, Halo green original xbox in box, Halo green original xbox ... "

"There's a lot of things we haven't seen or gotten to do while we've been working so hard to grow the business," said Butcher when asked why he was selling off his life at the grand old age of 29. "We'd like to see the landmarks throughout the country, the Grand Canyon, stuff like that. We'll probably buy a camper and just travel for a while, go see some family."

He admits he isn't likely to see $3.5 million in the current economic climate, and if worst comes to worst he'll stay in Florida and keep control of the business. But if there happens to be some willing soul out there with $3.5 million to spend, Shane Butcher has a gaming empire he'd like to sell you.

Source: MCV [http://www.ebay.com/itm/MY-LIFE-SALE-R-U-GAME-VIDEO-GAME-STORE-BUSINESS-WWW-RUGAMESTORE-COM-/261065510465?pt=LH_DefaultDomain_0&hash=item3cc8b78e41&ssPageName=RSS:B:SHOP:US:101#ht_974wt_1141]


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EHKOS

Madness to my Methods
Feb 28, 2010
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I ran to break open my piggy bank and slipped on my drool.
So 3.5 mil is what the American Dream costs, eh? Maybe I should try selling my amazing chili recipe.
 

The White Hunter

Basment Abomination
Oct 19, 2011
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EHKOS said:
I ran to break open my piggy bank and slipped on my drool.
So 3.5 mil is what the American Dream costs, eh? Maybe I should try selling my amazing chili recipe.
I tried that, nobody wanted to pay several thousand pounds for my chilli recipe. It burned them too much ):

OT: Awesome stuff, I bet he'll have regrets in 20 years though when the economy goes to shit and he runs out of money : D
 

Anti-American Eagle

HAPPENING IMMINENT
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May 2, 2011
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Okay so let me get this straight... I need to win the lottery, buy this guys life, and turn a profit in the end?
I guess i'm off to buy lottery tickets.
 

Zhukov

The Laughing Arsehole
Dec 29, 2009
13,769
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Well, that's an interesting way to do things.

...

Anyone have a spare $3,496,000 to lend me?
 

GeorgW

ALL GLORY TO ME!
Aug 27, 2010
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It seems a bit too good to be true, I'm wondering what the finances for the RU games stores are, brick and mortar stores haven't been doing so well lately...
 

Xanthious

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Dec 25, 2008
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GeorgW said:
It seems a bit too good to be true, I'm wondering what the finances for the RU games stores are, brick and mortar stores haven't been doing so well lately...
That's kind of what I was thinking. I have to suspect anyone that bites on this will want to have their own financial people look over the books in detail for the 3 stores before they go through with it.

That being said the stores could be doing as well as he claims. However, the other side of the coin is the stores are only profitable on paper. A good accountant can make damn near anything look profitable on paper.
 

Guffe

New member
Jul 12, 2009
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Interesting, he works his ass of for 10 years.
Sells it for a sum of money so if he just uses the money correctly he won't need to work ever again... Not too stupid of an idea. besides after he's been on a 5 year vacation he migth want to work agian and just get some easy 9-17 job and still live life normally.
 

Weaver

Overcaffeinated
Apr 28, 2008
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I see this is a flashy way of selling a physical game chain while digital distribution is gaining more ground every day.
 

Shinsei-J

Prunus Girl is best girl!
Apr 28, 2011
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I have $10, anyone wanna pay the rest and go halves?
...
No takers? Alright, fine then cheep scapes.

This guy does seem smart though, getting out of the physical industry is probably a good thing to do at this point and making it flashy like this, while pulling focus away from the business will help the odds of finding a buyer in my opintion.
 

The White Hunter

Basment Abomination
Oct 19, 2011
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Capitano Segnaposto said:
SkarKrow said:
EHKOS said:
I ran to break open my piggy bank and slipped on my drool.
So 3.5 mil is what the American Dream costs, eh? Maybe I should try selling my amazing chili recipe.
I tried that, nobody wanted to pay several thousand pounds for my chilli recipe. It burned them too much ):

OT: Awesome stuff, I bet he'll have regrets in 20 years though when the economy goes to shit and he runs out of money : D
The economy IS shit. What are you on about?
Apologies, shitter.

= D
 

JohnDoey

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Jun 30, 2009
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This is a fantastic deal for 3.5 mil, suspiciously fantastic in fact he must know something we don't.