BUSINESS DESCRIPTION
This video store is part of a well established home grown Kiwi Franchise group that started in 1984. This particular store is the only one in a suburb of more than 16,000, is next to a major super market and part of the local shopping mall. This is a very high profile site and the video brand has a fantastic customer base already. The store has a real community feel to it and is loved by its loyal regulars.
Currently operating as a company store that employs a manager, this business produced a very healthy managed profit in 2012 - 28% on revenue of $443,667.
An owner operator could achieve a 44% return on the asking price and the Franchisor has some exciting growth opportunities lined up that will significantly increase the top and bottom lines.