BUSINESS DESCRIPTION
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. (24;2000/month in revenue with cost of 24;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 24;30,000 in water equipment that was new in 2007. Utilities are included in the rent. Very little competition in the area. For more information, please contact Larry Greene at (310) 539-8300.