Looking for some start up help - Blu-ray Forum

ifg · 02-25-2009, 04:37 AM

Hello all,
I am looking to start a buisness. I am thinking I would like to open a DVD/Blu-ray store in my hometown. For all of you who own your own shop, I was wondering if you would be open to sharing your experiences.
I am also hoping for some direction to where I look up wholesaler prices. any good sites? I have googled it, but come up with a bunch of doodie for wholesaler websites. I would like to try to estimate start up/operation costs, but so far little direction.
Any help/suggestions/thoughts would be helpful.
peace,
fg

jw · 02-25-2009, 04:46 AM

is that all you are gonna sell?

toef · 02-25-2009, 04:47 AM

Must sell candy and soda!

ifg · 02-25-2009, 04:50 AM

Well no...
I would like offer movie memorabilia. Probably mostly purchases off Ebay. Eventually, I would like to span out to home theater products, but not with the current state of the economy. I want to start out slow.

ifg · 02-25-2009, 04:51 AM

Quote:

Originally Posted by toefer

Must sell candy and soda!

Oh yes, candy and soda of course.

jw · 02-25-2009, 04:52 AM

Quote:

Originally Posted by toefer

Must sell candy and soda!

lol, so true, theres good margin in that...actually better than the movies

jw · 02-25-2009, 04:55 AM

but back on topic, I am not sure a "storefront" is the way to go unless you can get a rental unit cheap. Now is the perfect time to get fixtures as Circuit City is selling them off cheap. I would definitely consider buying and reselling used movies, great profit in those.

ifg · 02-25-2009, 05:06 AM

Quote:

Originally Posted by jwbbud

but back on topic, I am not sure a "storefront" is the way to go unless you can get a rental unit cheap. Now is the perfect time to get fixtures as Circuit City is selling them off cheap. I would definitely consider buying and reselling used movies, great profit in those.

Great points to think about. I am in the brainstorming phase, so I will have to pass on Circuit City. Used DVD's is another great idea. I was thinking in the lines of store credit.

vamsilak · 02-25-2009, 12:13 PM

for rental u need to able to rent the movies abit cheaper than blockbuster,hollywood,familyvideo and not to cheap to get u broke
probably u know that

buying the used movies is also a great idea with instore credit only
u will get the collection and u don't loose nothing wait already mentioned

if u can open the online site and try to push the movies by mail too
people will like that idea coz if u have a good collection people will dig in (coz i know 23 people of my friends and their friends have blockbuster and netflix online accounts we all looking for none available in store )

paperthrower2000 · 02-25-2009, 04:55 PM

My wife and I run a large care center with 16 staff,this is our 6th year here are a couple of things to remember.Make sure you have a good credit line(you will need it),it takes at least 5 years to establish yourself so tuff it out ,have a long term plan.If at all possible have equity,buy a building if you can.It may cost more in the beginning but your money is not going to someone else.Banks love financial plans,have an accountant do up projections for you.
There are a lot of pitfalls in business but also a lot of satisfaction.Most of all do not listen to Mr Negitive saying "It will never work" go with your gut feelings and GOOD LUCK.

jono_0101 · 02-25-2009, 05:14 PM

discount for bluray.com members????

good point on buying fixtures from CC too if youre planning on opening a shop, make sure you can find a good location though, because im sure youve heard before: location, location, location. if you dont have a good spot, youre dead in the water

02-25-2009, 04:37 AM	#1
ifg Member Member since:Jul 2007 Blu-ray collection:34	Looking for some start up help Hello all, I am looking to start a buisness. I am thinking I would like to open a DVD/Blu-ray store in my hometown. For all of you who own your own shop, I was wondering if you would be open to sharing your experiences. I am also hoping for some direction to where I look up wholesaler prices. any good sites? I have googled it, but come up with a bunch of doodie for wholesaler websites. I would like to try to estimate start up/operation costs, but so far little direction. Any help/suggestions/thoughts would be helpful. peace, fg

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02-25-2009, 04:46 AM	#2
jw Blu-ray Archduke Top contributor Member since:Apr 2007 Location:USA Trading Score:519	is that all you are gonna sell?

02-25-2009, 04:47 AM	#3
toef Blu-ray Champion Member since:May 2008 Location:Isla Nublar 4K collection:229 Blu-ray collection:545 Blu-ray reviews:1 Trading Score:4	Must sell candy and soda!

02-25-2009, 04:50 AM	#4
ifg Member Member since:Jul 2007 Blu-ray collection:34	Well no... I would like offer movie memorabilia. Probably mostly purchases off Ebay. Eventually, I would like to span out to home theater products, but not with the current state of the economy. I want to start out slow.

02-25-2009, 04:55 AM	#7
jw Blu-ray Archduke Top contributor Member since:Apr 2007 Location:USA Trading Score:519	but back on topic, I am not sure a "storefront" is the way to go unless you can get a rental unit cheap. Now is the perfect time to get fixtures as Circuit City is selling them off cheap. I would definitely consider buying and reselling used movies, great profit in those.

02-25-2009, 12:13 PM	#9
vamsilak Banned Member since:Feb 2008 Trading Score:1	for rental u need to able to rent the movies abit cheaper than blockbuster,hollywood,familyvideo and not to cheap to get u broke probably u know that buying the used movies is also a great idea with instore credit only u will get the collection and u don't loose nothing wait already mentioned if u can open the online site and try to push the movies by mail too people will like that idea coz if u have a good collection people will dig in (coz i know 23 people of my friends and their friends have blockbuster and netflix online accounts we all looking for none available in store )

02-25-2009, 04:55 PM	#10
paperthrower2000 Special Member Member since:Jan 2009 Location:Atlantic Canada Home Theater Gallery:1 Blu-ray collection:1382 Blu-ray reviews:10	My wife and I run a large care center with 16 staff,this is our 6th year here are a couple of things to remember.Make sure you have a good credit line(you will need it),it takes at least 5 years to establish yourself so tuff it out ,have a long term plan.If at all possible have equity,buy a building if you can.It may cost more in the beginning but your money is not going to someone else.Banks love financial plans,have an accountant do up projections for you. There are a lot of pitfalls in business but also a lot of satisfaction.Most of all do not listen to Mr Negitive saying "It will never work" go with your gut feelings and GOOD LUCK.

02-25-2009, 05:14 PM	#11
jono_0101 Blu-ray Ninja Member since:Aug 2008 Location:St. Louis Blu-ray collection:164 Trading Score:7	discount for bluray.com members???? good point on buying fixtures from CC too if youre planning on opening a shop, make sure you can find a good location though, because im sure youve heard before: location, location, location. if you dont have a good spot, youre dead in the water

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