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- RE: Comics, Memorabilia, Collectables Great Location
- Contact: David Smith
Quick Facts
Asking Price: | $189,000 | |
Annual Revenue: | $363,000 | |
Net Profit: | $74,000 | |
Cash Flow: | $74,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $5,870 | |
Real Estate: | Not Disclosed | |
Year Established: | 2015 | |
Employees: | 1 | |
BBN Listing #: | 938785 | |
Broker Reference #: | DSMMCBE |
Business Overview:
If you have a passion for the world of comics, and you tend to get lost in the fantasy of superheroes, dragon slayers, and, of course, big old mean dragons. Then, think about owning this business. It might just scratch your itch. You can put on your cape every day and sell your passion. Just imagine owning and doing what interests you the most and making a living at it. And with this kind of business you can make money a lot of different ways, it’s so much more than just a retail store filled with comic books. There are many collectors out there and they are willing to gladly give you their credit card information to make sure they get their monthly issues of the newest comics to hit the shelves. This means it is an ongoing revenue source for you. You can also punch the sales up by selling gifts, trinkets, action figures, posters, memorabilia, and other collectibles. And when a new superhero movie hits the movie screen, many new customers will hit this shop for their share of all the new excitement. You will be on the cutting edge in the fantasy world of comics.Â
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Property Features and Assets:
The monthly base lease is $3,500 with a $600 triple cost, which is pretty reasonable for such a high-traffic location. This lease expires in 2025 and does have an option to renew. Only 840 square footage to maintain. In a mall so lots of constant foot traffic.
Market Competition and Expansion:
If you wanted to start from scratch and open your own store it would probably cost in the range $270,000 to $370,000 just to get started. This one here is already set up for you, it’s in a great high traffic area at a much lower cost than starting from scratch. Did you know that 38% of U.S. adults said they read comic books, while 31% of comic-book readers said they read them more often when Marvel releases new movies or TV shows? 54% of Black adults and 28% of women said they read comic books. The global comic book market was valued at $15.5 billion in 2022 and is projected to reach $26.9 billion by 2032, growing at a CAGR of 5.9% from 2023 to 2032. All pretend and fantasy aside, this is serious business with a strong, positive, fun side. No Competition.
Reason for Selling:
Owner wants to retireAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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