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Business Summary
This CD & DVD retailer's proprietary methods of doing business are based on the owner’s 25 years in the industry. There are over 400,000 CDs & DVDs that American consumers can potentially purchase, but very few of the 10,000+ US businesses that sell CDs & DVDs have access to them. This business is one of the few able to do so! This business has done this so well, that it has received the local paper’s Best Music Store Award each year since 1994! It has achieved its high level of service by building its entire operation around client needs. Technology captures historical consumer data to aid in the store's buying practices. Technology is also used for systems that enable staff members to find music & movies for customers that other stores can’t.
The business is located in a northwest town famous for panoramic views, low cost living, recreational opportunities, and slower pace lifestyle.
There are a variety of opportunities for a buyer to expand this business. The most logical is to expand this business' higher margin previously owned CD & DVD sales. Other opportunities include: replicate business in other under-served communities to achieve economies of scale; create a franchise; develop a web-based E-commerce sales division; offer digital content sales and/or web-hosting for peer-to-peer trading; offer on-line movie rentals for local customers; and provide delivery service for rentals and sales.
