Redbox
960 Broad St, Providence, RI 02905
Providence, Rhode Island, United States
Address
City: Providence
Neighborhood: Lower South Providence
State: Rhode Island
Postal Code: 02905
Country: United States
Business facts
Estimated annual revenue~$470.6K
Estimated employees~4
Estimated wage bill~$194.9K
Estimate based on strong signals
Area statistics (02905)
Population25,674
Median household income$53,668
Source: US Census ACS
About
Redbox is a popular kiosk chain offering affordable movie and video game rentals, with over 30,000 locations nationwide, including outdoor kiosks at CVS Pharmacy. Customers can reserve movies in advance using the Redbox app or website, and also have the option to purchase previously rented movies at a discounted price. Additionally, Redbox On Demand allows for instant streaming of movies and TV shows on Smart TVs and mobile devices.
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Credit Cards
American Express, Apple Pay, Cash, Debit Card, Discover, Mastercard, Visa, Yes
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Parking
Yes
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Price
$
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Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a growing category (Movie Rental Kiosk).
EstimateCategory trend: 2024, +2.3%
Revenue trend (modeled)
~$352.5K2019
~$319.8K2020
~$404.5K2021
~$497.8K2022
~$531.1K2023
~$470.6K2024
Modeled from official industry statistics+5.9%/yr since 201980% confidence band: ±42%
Property
Lot size0.93 acres
Land useCommercial
CountyProvidence
On this lotshared with 6 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Movie Rental Kiosk in Rhode Island | 88 | ~$32.1M | ~$364.3K | ~$351.4K | 4.8★ | 1.3× |
Category revenue trend2024: +2.3%2023: +2.6%2022: +11.1%2021: +12.7%Modeled from business-level estimates
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 368 | ~$376.8M | ~$1.0M | ~$358.2K | 1,817 | ~$139.7M | 1.3× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 75 | ~$68.6M | ~$914.5K | — | 228 | — | — |
| Administrative and support service activities | 8 | ~$6.5M | ~$813.0K | — | 35 | — | — |
1 km area (all businesses): median from the 309 of 368 businesses with estimates
Estimate
Area conditions (02905)
Population25,674 ±1,910
Median household income$53,668 ±$10,008
Median home value$296,700
Bachelor's degree or higher0.3%
Unemployment rate0.1%
Source: US Census ACS