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Video Stores Expanding Nationwide
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Video Stores Expanding Nationwide G.W. Entertainment Inc. trades as J.C. Flicks Videos at 21 locations in AZ, CO, IL and IN. The video stores occupy spaces of 3,000 sq.ft. to 6,000 sq.ft. in strip centers. Relocation opportunities are sought in AZ, CO, IL, IN and NM. Demographic requirements include a population of 7,000 residing in a one-mile radius earning $20,000 as the average income. Leases running three years are typical. The company cites Hollywood Video, Video Update and Movie Gallery as competition. Sites with rents exceeding $10 psf are not of interest. For more information, contact Joe Wojcik, G.W. Entertainment Inc., 20639 South Amherst Court, Joliet, IL 60433; 815-727-9370, Fax 815-727-9391. Knapp Video operates 15 locations in MA and RI. The stores, featuring video sales and rentals, occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout southern MA during the coming 18 months. Leases running five to 10 years are typical. A vanilla shell and tenant improvement allowance are required. The company will not locate near Blockbuster or Hollywood Video. For more information, contact Michael Knapp, Knapp Video, 275 Center Street, Newton, MA 02158; 617-965-8244, Fax 617-965-3401. Family Video Movie Club trades as Family Video at 230 locations in IA, IL, IN, MI, MO, OH and WI. The stores, featuring the sale and rental of videos with an emphasis on video games, occupy spaces of 5,000 sq.ft. to 7,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company only is interested in the acquisition of property. For more information, contact Charles Hoogland, Family Video Movie Club, 1022 East Adams, Springfield, IL 62703; 217-544-2001, Fax 217-544-8416. Southern Stores Inc . trades as Blockbuster Video (franchisee) at 104 locations in AL, AR, GA, LA, SC and TN. The video stores occupy spaces of 4,500 sq.ft. in freestanding locations and strip centers. Plans call for as many as nine openings during the coming 12 months. Expansion will take place throughout the existing markets. Preferred anchors include supermarkets. Leases running five years are typical. A tenant improvement allowance and a land area of 30,000 sq.ft. are required.For more information, contact Bob Wenner, Southern Stores Inc., PO Box 381288, Germantown, TN 38183; 901-759-5322 Ext. 3315, Fax 901-759-5334; Email: bob@bbvideo.com. Movie Gallery Inc. trades as Movie Gallery and Video Connection at 1,080 locations in 33 states. The stores, featuring rental and sales of videos, DVD and games, occupy spaces of 3,000 sq.ft. to 4,500 sq.ft. in freestanding locations, endcaps and strip centers. Plans call for as many as 150 openings during the coming 12 months. Expansion will take place nationwide. Demographic requirements include a population of 10,000 to 20,000 within five miles. Leases running three to five years plus options are typical. The company also trades as Video Update at 320 locations nationwide and in Canada. The stores, featuring video rentals and sales, occupy spaces of 5,000 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought nationwide during the coming 18 months. For more information, contact Keith Cousins, Movie Gallery Inc., 900 West Main Street, Dothan, AL 36301; 334-677-2108, Fax 334-794-5923. Video Magic operates six locations in TN and VA. The video stores occupy spaces of 5,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Greg Salyer, Video Magic, 2608 East Center Street, Kingsport, TN 37664; 423-247-0061, Fax 423-247-0063. Video Vault operates 12 locations throughout IN. The video store chain occupies spaces of 3,000 sq.ft. to 3,500 sq.ft. in strip centers. Expansion opportunities are sought throughout IN. For more information, contact Rick Keeber, Video Vault, 110 Chase Way, Suite 5, Elizabethtown, KY 42701; 270-765-7400, Fax 270-765-7909. Action Video, Inc. trades as Action Video at 21 locations in NC. The video stores occupy spaces of 1,800 sq.ft. to 2,400 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought in NC, within 75 miles of the company’s home office, during the coming 18 months. Leases running three to five years are typical. For more information, contact David Passerallo, Action Video, Inc., 200 Regent Drive, Winston Salem, NC 27103; 336-768-1881, Fax 336-768-8315. |