DVD rental shop (CLOSED)

DVD rental shop (CLOSED)
Open Date:April 2009 – May 2011

We bought out this shop from previous shareholders and became passive owners.

Cash flow and business in general was good for about half a year and then started to decline as the DVD rental industry lost out to online video sources. Unfavorable government policies also contributed to the general decline of the industry.

The shop was closed in May 2011 primarily due to a surge in rental cost from 25K HKD / month to 40K HKD / month.

Shop location: 48 Caine Road, Mid-levels, HK

For those who are interested in buying small street-side businesses in HK, you can find for-sale businesses on the agency websites below:

www.hkba.com.hk 
www.hkbi.com

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