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A Fortune in Treasure-Literally-at this Comic Book Store

Woodland Hills, CA (Los Angeles County)

A Fortune in Treasure-Literally-at this Comic Book Store
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Asking Price: $450,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $20,000

Inventory: $2,500,000

Established: 1988

A Fortune in Treasure-Literally-at this Comic Book Store

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Business Description

A Fortune in Treasure-Literally-at this Comic Book Store

Confidential Information Memorandum (CIM) available upon receipt of our short online NDA - visit here: http://www.pronovapartners.com/engagement/comics-in-woodland-hills-ca/

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.

Detailed Information

Location:
Woodland Hills, CA
Inventory:
Included in asking price
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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.
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.
Support & Training:
Provided for a minimum of four weeks and up to 20 hours a week or as negotiated.
Reason for Selling:
Retirement
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Terie Salinas

Business Listed By:
Terie Salinas

ProNova Partners

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