Fantastic Franchise DVD Store In Port Elizabeth For Sale

Business description

A Profitable, Well Known and Well Established Cousinsdvd franchise store for sale. This franchise is one of the most popular DVD franchise business in Port Elizabeth. This business is located in a small shopping complex along a main road in a very up market residential area.

The Cousinsdvd franchise is a very unique operation that really makes it very appealing to customers.

The business has shown fantastic growth and all indications are that it will remain to so well into the future. The business is manager run and in general has well trained staff.. The store is well branded and easy to see from the passing main road. The business has been with the current owner for the past 3 years and is generating a decent monthly income.

Easy to run with low maintenance this is an ideal business for somebody wishing to enter the DVD rental market

Property information

Real Estate:

Lease

Leasehold rent:

R8,000 per annum

Living accommodation:

Future prospectus include: • An internet café • Purchasing / opening of other franchise store • Computer gaming

Location:

The store is located in an up market residential area and has almost 4000 registered members

Premises details:

The shop is 50 square meters with its front facing a very busy main road in Port Elizabeth. The Seller is also the landlord and hence will provide a generous lease agreement.

Size in square feet:

50m2

Business Operation

Competition / Market:

There are other DVD rental stores in the area but the business model of Cousinsdvd makes it unique and a preferred choice. This is the only Cousinsdvd franchise in the immediate vicinity. Similarly the location and branding provide an added advantage

Reasons for selling:

The Seller wishes to concentrate on growing / developing the brand.

Trading hours:

Monday to Thursday (09h00 to 21h00)
Friday & Saturday (09h00 to 22h00)
Sunday (09h00 to 21h00)

Employees:

The business has a total of 2x permanent employees and 5-6 casual staff is used as and when required

Years established:

3

Franchise terms

Franchise opportunity:

Yes

The business does form part of a franchise group and the new owner will be subject to Franchisor’s approval. There is no joining fee but royalties are required to be paid. The Seller is prepared to negotiate on the royalties and the buyer will have the option to pay a % or a fixed monthly agreed amount. The Buyer will receive a guaranteed area of operation

Other information

Support & training:

Full training and support will be provided

Relocatable:

This business can be relocated.