Comic Shop 50% Down $200,000 Inventory
Location California,United States
Asking Price Range < $250K
Gross Revenues $360000
Net Profit / Cash Flow $60000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1998
Number of Employees 4 - 5
Inventory 200000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks, 40 hours per week.
Reason for Sale Other business interests.
Description 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. Contact for more information on this Comic Shop for sale.
Click Here To Contact Seller
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