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May 29, 2019 — 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.
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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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