Cozy Los Angeles Comic Shop Est. 10 Years $200k Inventory Buy Only 50% Down
Seller Financing Available
Asking Price:   $209,000Inventory:   $200,000 ++
Gross Revenue:   $360,000Real Estate:   n/a
Cash Flow:   $60,000FF&E:   $15,000 ++
++ included in the asking price         ** not included in the asking price
Here is your chance to own a semi-absentee business, and become immersed in the very loyal and fun comic book culture. This shop has an extremely passionate staff on board, and they all wish to remain associated with the business. A turnkey opportunity, the seller will provide training as needed but this shop established in October of 1998 does not need much in the way of management. Open 7 days 11-8, the current owner comes in when she pleases, and averages about 15 hours per week. Plenty of parking, and this shop is in a great area of Los Angeles, NDA is required for exact business address. 1500 square feet of space and renting below market, with about $200,000 of inventory (at cost) included in the sale of the business. Around $15,000 of fixtures, furniture, and equipment also included in the sale. Buyer must meet seller's approval, as this is her baby she created from scratch, so not every buyer off the street with money will be approved. Not for the shrewd investor, but more for the business buyer who has a love and passion for the industry, can talk the talk and walk the walk, and has a certain amount of "demand forecasting" ability. Product and books are often ordered months in advance, so if you have no clue what is going to be hot within the comic or graphic novel world, then probably not the best opportunity for you. Seller will carry back 50% of purchase price, which reduces down payment to only $115,000. Buyer will need excellent credit and financials to do so.
About the Business
Year Established:1998
Employees:5 part time
Facilities:Retail storefront on a Main street.
Market Outlook and Competition:Good, has excellent goodwill, and referral/repeat business is extraordinary. Known in the community has having very strong back-issue component.
About the Sale
Management Training and Support:4 weeks, 20 hours per week.
Reason For Selling:Other business interests.
Seller Financing:Seller will carry with $112,000 down payment and $3,000 monthly payments for balance of purchase.

KEYWORDS: comic, book, store, shop, comics, los angeles, la, absentee, owner, operator, business, retail, net, profit, inventory, Here is your chance to own a semi-absentee business, and become immersed in the very loyal and fun comic book culture. This shop has an extremely passionate staff on board, and they all wish to remain associated with the business. A turnkey opportunity, the seller will provide training as needed but this shop established in October of 1998 does not need much in the way of management. Open 7 days 11-8, the current owner comes in when she pleases, and averages about 15 hours per week. Plenty of parking, and this shop is in a great area of Los Angeles, NDA is required for exact business address. 1500 square feet of space and renting below market, with about $200,000 of inventory (at cost) included in the sale of the business. Around $15,000 of fixtures, furniture, and equipment also included in the sale. Buyer must meet seller's approval, as this is her baby she created from scratch, so not every buyer off the street with money will be approved. Not for the shrewd investor, but more for the business buyer who has a love and passion for the industry, can talk the talk and walk the walk, and has a certain amount of "demand forecasting" ability. Product and books are often ordered months in advance, so if you have no clue what is going to be hot within the comic or graphic novel world, then probably not the best opportunity for you. Seller will carry back 50% of purchase price, which reduces down payment to only $115,000. Buyer will need excellent credit and financials to do so.


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Business Listed By
Rick Carlson  |  Ace Business Brokers
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Industry: Retail Stores
Segment: Book Store

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