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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.



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

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
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.


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