Blockbuster
Yes, we actively support the inclusion and development of minority-owned franchises in the Blockbuster system.
Blockbuster
1201 Elm St.
Dallas, TX 75270-2102
800#:
Tel: (214) 854-3337
Fax: (214) 854-3882
E-mail: mike.corey@blockbuster.com
Web Site: www.blockbuster.com
Contact: Mr. Michael Corey, VP Develop./Emerging Brands
BLOCKBUSTER is the brand leader in the home entertainment business. With worldwide revenues topping $5.5 billion in 2002 and a domestic U.S. customer base of 48 million members, BLOCKBUSTER is one of the strongest entertainment brands in the country.
Franchisor Background
Established: 1985
First Franchise: 1986
Franchise Units: 1071
Company-Owned Units: 4509
Total Units: 5580
Distribution:
> North America -- Operations in 50 States
> States/Provinces with Greatest Density: 684 in CA, 524 in TX, 408 FL
Units Owned by Minorities:
>African-American:
>Hispanic:
>Asian-American:
>Native American:
>Other:
Average Number of Employees: 3 FT, 12 PT (FT = Full Time, PT = Part Time)
Space Needs: 3,000+ SF; SC
(for abbreviations click here)
Financial Requirements
Cash Investment: $100-300K
Total Investment: $215-732K
Average Total Investment: $473K
Minimum Net Worth: $400K
Fees
>Franchise: $10K
>Average Franchise Fee: $10K
>Royalty: Varies
>Advertising: 5%
Provide Earning Claim Statement: NR
Terms of Contract
Term of Contract (Years): 20/5
Passive Ownership: Allowed
Area Development Agreements:Yes/Varies
Sub-Franchising Contracts: No
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: No
Franchisee Assoc. / Member: Yes/No
Size Of Corporate Staff: 1,500
On-Going Support: S,C,D,H (for an explanation click here)
Training: 8-10 Weeks in Retail Stores.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
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