Price Reduced Rental Of DVDS And Games For Sale

Business description

Price reduction:
This DVD shop is located in a shopping complex in a residential suburb west of Durban. Since moving from the lower ground floor to the upper level adjacent to Pick n Pay in December 2010 turnover has doubled with the result that profitability will be significantly improved going forward.The selling price is now R180 000.

Property information

Location:

Pinetown, South Africa

Premises details:

In a busy shopping centre, 60m2, with lease ending December 2012, but renewable at soem 10% pa.

Size in square feet:

60m2

Planning consent:

n/a

Business Operation

Expansion potential:

To grow the business with more owner involvement and introducing other items for sale such as lotto, biltong popcorn etc.

Competition / Market:

There are no other DVD rental shops in the area.

Reasons for selling:

The owner is involved in another business and needs to concentrate thereon

Trading hours:

Weekdays 10.00 - 20.00hrs, Saturdays 10.00 - 19.30hrs & Sundays 10.00 - 19.00hrs

Employees:

2x staff, one for week days and the other for weekends

Years established:

2009 - 2 years

Other information

Support & training:

Owner willing to train, while staff are trained.

Furniture / Fixtures value:

R49,000 (included in the asking price)

Inventory / Stock value:

R180,000 (included in the asking price)

Relocatable:

This business can be relocated.