Full Franchise Information
CD Tradepost is a retail store combining pre-owned entertainment devices and products with an innovative marketing approach. Privately owned, CD Tradepost Franchises offer used CDs, videos and video games with the ability to 'trade-in' other used entertainment products or purchasable for half the cost of unused products.
CD Tradepost Franchise Opportunities - History
Since its creation in 1998, CD Tradepost has created multiple retail stores in Kansas, Nebraska, Iowa and Missouri. Dennis Strobel, founder, noticed an entrepreneurial opportunity within the ever growing demand for pre-owned, cheap music, dvds, and other entertainment. With a current total of 20 units, 6 of them franchisees, CD Tradepost has recently been looking to expand not only in the states that currently have CD Tradeposts but into states including Arkansas, Colorado, Oklahoma and Texas.
CD Tradepost Franchise Cost / Initial Investment / CD Tradepost Franchise Income
CD Tradepost has a total investment cost ranging from $98,000 to $159,000, with a franchise fee of $30,000 and an ongoing royalty fee of 5-6%. Franchisee applicants must have a minimum of $20,000 in liquid assets. There is also a renewal fee of 50% of the current franchise fee. Currently there is no information on CD Tradepost's average franchise income.
CD Tradepost Business Opportunities: Other Information
CD Tradepost has been awarded the existing business of the year award 2005.