DVD Rental Outlet Business For Sale

Business description

Established for a number of years in a small convenience centre
situated in the heart of a Northern Suburbs residential area.

As is the trend nowadays, the store only does DVD and gaming
rentals.

This store has about 1,100 DVD's as well as 115 Playstation
titles (comprising PSP, PS2 & PS3).

Photocopy service has also been recently intrduced to attract
additional customers and due to the close proximity
of schools.

Plant and Machinery to the value of 39,567.

Property information

Real Estate:

Real Property Included

Lease terms:

Main lease with two years remaining and further option to
renew for another three years at 6.7% escalation.

Size of the premises is 70m.

Rental and annual escalation is extremely low.

Location:

Great little business in a good residential area.

Other information

Expansion potential:

Advertising & Selling of DVD's.

Competition / Market:

Residents from surrounding area with kids playing a large part in turnover as they're attracted by the new DVD's & games and the "parents follow". Trends are the holiday seasons with the busiest being November / December. There is not much direct competition in termsof other DVD stores in the area and this store has a captive market with easy access by residents and the nearby local schools. Current membership is at around 1,500 members and growing by apprimately 40 new customers per month. Very easy to run. Ideal second income business and a excellent opportunity to get into the DVD rental industry.

Reasons for selling:

Owner wishes to pursue larger business venture.

Trading hours:

Hours of Trade Mon-Sun 9:00 to 20:00

Inventory / Stock value:

R125,000 (included in the asking price)