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Forums » Off-Topic » Red Box Franchise

Red Box Franchise Subscribe to Red Box Franchise 10 posts by 8 users

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Jason F.

Real Estate Investor  Gainesville, FL  Member since Apr '08
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Not sure if everyone has heard of RedBox but it is a movie rental machine that you slide your credit card to dispense a DVD that you select. No contracts, no late fees, just $1 a night. If you run home, watch it and return it 2 hours later, the movie is just $1.

RedBox doesn't franchise but I've found a couple other companies that do.

Just seems like a great idea depending on price, etc. Would be an even better idea for apartment complex owners. Put one of these in the laundry room. Make some extra revenue and have it serve as a nice amenity for your perspective tenants.

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Joshua D.

BiggerPockets Founder  Denver, Colorado  Member since Jan '08
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AWESOME IDEA, Jason! McDonalds and the grocery stores have something similar here . . . I could see it being a hit in apartment complexes.

Ryan S.

Real Estate Investor  Chicago, Illinois  Member since Jan '08
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Jason,

I have rented movies from RedBox, they are easy and always accessible. I love them!

You mention you have found some companies, care to share?

Jason F.

Real Estate Investor  Gainesville, FL  Member since Apr '08
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We rent from RedBox ALL the time, it is very convenient and much much cheaper then Blockbuster. You also don't miss out on the 'instant gratification' that you don't get with NetFlix.

The only downside is you have to actually walk into a McDonald's and deal with the smell.

The other franchise is called DvD Now Kiosk or something to that effect. I'll see if I can find it.

Matt S.

Homeowner  Boise, Idaho  Member since Feb '08
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I have seen the other one in places like Fred Meyer. I know they are not all over the country but I think they are owned by Kroger so they probably have the same set up. But the apartment idea is a great one. Would love to know if you could start your own Redbox.

Ian R.

Real Estate Investor  San Diego, California  Member since Jan '08
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Wow! I have never heard of that, what an incredible idea!

Telaina P.

Virtual Assistant  Fayetteville, Georgia  Member since Oct '08
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I saw something similar to this in a Staples. If I remember correctly, you didn't have to return the movies but you could only view them one time. This particular set up was not a vending machine so it wouldn't work as well in an apartment complex but you might look around and see if the "one viewing" option is available in a vending machine. That would cut down on damaged disks which I have notice being a problem with Netflix.

Tim K.

Real Estate Investor  Newport Beach, California  Member since Sep '08
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awesome

Jennifer K.

Residential Real Estate Agent  Kentucky  Member since Jan '08
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I just had 4 Air conditioners get an axe taken to them at a 4-plex.

How "durable" are those machines?

Given the likely lack of surveillance at the complex, I could see a group of persons getting together w/ an Axe and a Sledgehammer and working on it all night til they broke it open.

Jason F.

Real Estate Investor  Gainesville, FL  Member since Apr '08
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If you are wondering whether or not they would hold up to an 'axing', I would say no. I don't think there are too many vending machines that would stand up to 3 hodlums, and axe and a night to spare.

I would say concentrate on your security systems first.

   

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