Bryan Ravit
Miami, FL (USA)
Role(s):
Ya Sam
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Startup
Location:
Miami
Industry:
Entertainment
Year Founded:
2008
Number Employees:
INVALID
Description:
We are entering the 24 billion dollar DVD industry, which is 3 times larger than the 8.9 billion dollar movie theatre industry. Stores like blockbuster make 90% of their revenue from their new releases yet the new releases only take up about 10% of their storage space. We will only rent/sell new release movies. This is done in a fully automated compact space, inside existing stores, making our model much more efficient than the store model. We project the company can make the money back in less than 1 year. There after, it will earn residual income from our 90% automated process. We have contacts which can secure up to 3 locations a day in order to expand rapidly securing our niche. The US market in this industry is currently less than 20% occupied. This business model has been proven t