• Total Investment Range:
$25,000
• Required Cash liquidity:
$25,000
Financing Assistance:
•No
Training and Support:
•Yes
Franchise Description
DVDNow is a supplier of DVD rental kiosks as a business opportunity. Redbox, Blockbuster Express, and DVDNow are the three largest companies in this industry. However, all Redbox and Blockbuster Express kiosks are corporately owned, meaning that they do not sell their units to entrepreneurs.
Although technically not a franchise, DVDNow works closely with their clients to provide all the startup ongoing support necessary to grow a profitable business.
The initial investment depends on the quantity of rental kiosks ordered.
A single kiosk is approximately $23,000 with discounts available on multi-unit purchases. Most clients start with 3 to 5 kiosks ($65,000 to $105,000). Startups of 10 units ($200,000) are not uncommon.
Approximately 30% of all DVD rentals are now from kiosks, and DVDNow allows entrepreneurs to profit from this massive shift to self-service. DVDNow has the largest independently owned network of DVD rental kiosks in the world.
Key Advantages
The rental kiosks have the ability to make money around the clock without a single employee. All kiosks are remotely monitored over the internet. Fun family business. Ramp up in as little as 30 days. Low per unit cost and minimal time requirement make this an easily expandable business. Our program is able to take advantage of several weaknesses in Redbox's business model.
Franchise Training and Support
Training is primarily done using an online meeting application and teleconference. Customers are also welcome, but not required, to visit us in Vancouver for in-person training sessions.
Investment Requirements
Required Cash liquidity: $25,000
Total Investment Range: $25,000
