A Fortune in Treasure-Literally-at this Comic Book

Woodland Hills, CA
Los Angeles County


Asking Price: Annual Revenue:
$374,000 Not Disclosed

Retail: Florists, Gifts, Cards, Books


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RE: A Fortune in Treasure-Literally-at this Comic Book Broker: Rick Carlson

Quick Facts

Asking Price: $374,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1988
Employees: 1
BBN Listing #: 376527574
Broker Reference #: 267 Comics

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Business Overview:

Well-established comic book and record store in the Los Angeles Valley operates daily from noon to 7 p.m. with shorter weekend hours. Seller has made this store his vehicle to a hard-earned retirement, investing all profits year after year into acquiring a more inclusive and diverse inventory every year.

Seller is old-school; no email, no cell phone, no point of sale, QuickBooks, or inventory management system, just 30 years of small business ownership experience, stellar haggling skills, and a fine eye for buying and selling all kinds of pop culture paraphernalia. The store is packed to the gills with comics, DVD's, CD's, records, movie posters, collectibles, back-issue magazines, movie cells, baseball cards, Star Wars gear and other hidden treasures that need to be seen to be believed and appreciated.

NDA required for release of preliminary and detailed CIMs. ProNova representatives respond timely to all inquiries. We look forward to supporting your business endeavors and being a part of your success.

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Property Features and Assets:

Facilities: The store is located on a highly recognizable thoroughfare. The 2,700 square feet of retail space rents for $4,450.00 per month. The current lease expires March 2020.

Market Competition and Expansion:

Competition: Although competing stores (27 in the greater Los Angeles area) carry the same new titles as published, it is the broader selection and back-issues that bring in customers from near and far. Like a thrift store; many of the individual vintage items cannot be found anywhere else. Then there is the Seller’s ability to “speak the language;” his insights and recommendations makes the store a treasure in itself. Growth & Expansion: Perfect for internet and marketing savvy Buyer who can improve the Website, grow social media and develop a larger following.

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.

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