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Description

SOLD ‘Q2 2022

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

Asking Price: $374,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $20,000

Inventory: $2,500,000

Established: 1988

Employees: 1

Business Description:

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.

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.

Seller Financing: Not offered at this time.

Support & Training: Provided for a minimum of four weeks and up to 20 hours a week or as negotiated.

Reason for Selling: Retirement

Find Comic Book Store for Sale in Los Angeles, CA

Looking for a lifestyle business in the Comic Book Industry? If so, this pick is for you!

 

Comic Book Store for Sale – Overview:

  • Annual sales and adjusted net income would be for a new owner operator who opened online presence and draws down on the tremendous amount of inventory in this store.
  • Current Seller is old school, no email, no cell phone, no point of sale, no inventory management, only 22 years of small business ownership and haggling skills, developing a fine eye for buying and selling all kinds of paraphernalia.
  • 2,700 square feet of space packed to the gills with comics, dvd’s, cd’s, records, movie posters, collectibles, back-issue magazines, movie cells, baseball cards, Star Wars gear, I mean you really have to see it to believe it. Too many “treasures” to list in one advertisement.
  • This is a lifestyle business, and the Seller has made this store his vehicle to a hard-earned retirement, investing all profits of the business year after year into acquiring better and better inventory as every day passes.
  • Last week he sold one box of comics for $12,000, and he’s got dozens and dozens of these kinds of boxes in his possession.
  • Perfect for internet savvy investor or ideally owner-operator who can market utilizing available channels like eBay and Comic websites etc… to leverage the existing inventory to provide a satisfactory return on investment.

Comic Book Store for Sale

Other:

Contact info

Pronova Partners

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