Comic Book Store $2,000,000+ Retail

Asking Price:$449,000 Gross Income:$450,000 Cash Flow:$300,000
EBITDA:N/A FF&E:$50,000 Inventory:$1,000,000
Real Estate:Leasehold Established:1986 Employees:1

Business Description

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. 2700 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. Seller will take financing over 10 years at 0% interest for 1,250 per month to leverage the existing inventory to show of good faith and goodwill to making the deal. Perfect for internet savvy investor or ideally owner-operator who can market utilizing available as sable channels like eBay and Comic websites etc.provide a satisfactory return on investment. Over 1,000,000 in replacement value inventory, or approximately 400,000 individual units according to Seller's estimate.

NDA is required for exact business address.

Additional Features

Inventory: Included in asking price

Employees: 1

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: Retail location in high traffic plaza.

Growth & Expansion: Needs someone that specializes in online marketing to get world-wide exposure to tremendous locked up value of existing inventory.

Financing: If the price and deal structure is right.

Support & Training: As needed.

Reason for Selling: Retirement

 

Ace Business Brokers NDA & Buyer Profile

 

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