Owner Financing is Available!
Business Overview:
Never before on the market, a multi-generational business opportunity that can be your personal legacy purchase that you can pass on to your children and grandchildren.
This business sells a wide swath of entertainment-related products primarily within a retail brick and mortar store in the epicenter of the entertainment industry in Hollywood. The company buys and sells all of its products in a relatively competitive marketplace in Southern California. However, the business has been the premier retail shop and pop culture store in Los Angeles since 1979. For over 32 years, this business has been featured in nearly every local and national media outlet including print, television, radio and online. In addition, the company features a celebrity clientele that reads like a who's who of the entertainment industry and hosts high profile events that obtain world-wide media coverage with regularity.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Facilities: Brick and mortar retail store in the heart of Hollywood. Great location, street parking, walk-in, walk-by and car traffic is plentiful. Many tour operators and double Decker bus type enterprises stop right outside the business.
Market Competition and Expansion:
Always cutting edge and proactive in the community, the two generations of owners have strive to keep a firm grasp on the pulse of the marketplace. All social networking extensions are extremely well-populated (plenty of friends, followers, likes, etc....)
All intellectual property, trademarks, trade name, goodwill, furniture, fixtures and equipment and salable inventory at retail value of $300,000 is included in the asking price. Sellers will extend terms to only the most qualified buyers with substantial liquidity or secondary assets that will serve as additional collateral. Purchase price shall be discounted for cash buyers on a case by case basis subject to negotiations.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.