The 10 Most Frequently Asked Questions about our Turnkey Movie Rental Business
So, you want to open a movie rental business? Here's some quick answers to our most commonly asked questions.
- Is this a Business Franchise operation?
No, we sell an independent business opportunity. That means you purchase all the assets through a purchase agreement at a determined price with no franchise fees or royalties. - What do we do when we have found a location that we think would be suitable for a Family Video Store?
You contact us by filling in the application provided and e-mail or fax us. We then telephone you and go over the proposed location with you. After the telephone review of your proposed location, a decision is made to visit your location - What happens during your visit?
We perform a full due diligence of your area namely:
- Store location
- Demographics study by age group
- Traffic flow analysis
- Competitive analysis
- Pro-forma on estimated costs to operate the store.
- Meet with the landlord or sales agent to determine cost of rent and leasehold improvements
- What does "turnkey" mean?
We provide everything that goes into a first class Video Store. We set up the store and train your employees and management people. A full asset listing
is provided. - Do I use the name Zone 3 on my store?
No, Zone 3 is a sales and service provider. - What name do I use for my particular store?
You can call your store, within reason, whatever you like. A name check would be performed making sure the name is not being used in your area. - Do you assist with the loan for the purchase of the store?
Yes, we help you with a full business plan that is submitted to your bank of choice with all the criteria that both the financial institution and the federal government require, should you wish to go through a Small Business Development Loan. - Outside of the initial cost of the full store set-up, what additional cost should I be budgeting for ?
You would be responsible for your telephone, burglar alarm, heat, light, cleaning & offices supplies. Everything else is provided by Zone 3 including the uniforms for your employees. - How do I purchase my new movies and games?
We introduce you to your distributors from who you will receive deep discounts on all your future orders after your store opening. - What is our relationship after the store is open for business?
We continue as your consultants for a six month period at a cost to you of $1,000.00 per month. During this time, you will be fully trained and familiar with all aspects of the business. We also assist in your marketing and advertising programs. After the six month period, you may go on your own or continue with our program. In most cases, we have found that most stores are quite capable of running their own independent video store without our assistance. Your deep discounts from your distributor would continue.
For more information on Zone 3 and on how you can become part of our growing team of successful business owners, contact us or fill out an application form. We look forward to hearing from you.