I ran into an interesting post on Craigslist a few days ago that I wanted to share. Check it out…
I have ten DVD rental machines available for trade + several hundred DVD’s. These units are similar to the REDBOX machines you see at McDonalds, Smiths, and Wal-Mart. They hold 648 DVD’s, BluRay, HD-DVD, and can also rent gaming system media (WII, PS2, PS3, etc.) – This is twice the capacity of REDBOX – They also have the capability of playing movie trailers. They are currently wrapped in EVOBOX graphics; however they can be re-wrapped to suite your needs. I also have the domain name and active trademark available if interested. These are estimated to bring in $1000+ monthly each if placed in a high traffic area, such as supermarket, apartment buildings, military bases, gas stations, etc.
This guy is selling these kiosks for $7500 (each? for all 10? I don’t know). You can see the full post here.
The question is this: Do you think buying your own DVD rental kiosk could be profitable? Is there still someone who can compete with the Redbox brand?
While there is always room for competition (and innovation), I am just not sure it would be a smart move to try and compete with Redbox at this time. What do you think?