Business Summary:
This is a very clean, well run, local DVD rental business that has been in the neighborhood for over 12 years. Revenue has been steady with a slight decline in 2009. A water store was added to the existing footprint in 2007 and is a growing segment of the business with very low cost. ($2000/month in revenue with cost of $75 for water bill.) The owner and his wife work part time in the business. Employees work the weekends. A large portion of the revenue is cash. Some credit cards. No checks. Assets include thousands of current DVD titles and over $30,000 in water equipment that was new in 2007. Utilities are included in the rent. Very little competition in the area.
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