4382 Lankershim BLVD new

North Hollywood,CA 91602

$ 500000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25235665

HOA Y/N No

Property Description

Decades of Proven Excellence: For over a quarter-century, Rick's Hardware has been a trusted name in the hardware industry. The company's longevity is a testament to its reliability, transparency, and the deep trust it has earned from both its customer base and its network of suppliers.

Lucrative Niche Market: The business holds a commanding position in the niche market of specialty, period, and vintage hardware. It is the go-to destination for customers seeking obscure or hard-to-find locksmith parts and architectural hardware. This specialization has not only secured a dedicated customer base but also enabled the business to maintain high profitability.

Key Relationships & Reputation:

Major Studios & Celebrity Clientele: Rick's Hardware has established strong, long-standing relationships with all the major film studios. The company is known for its ability to source and supply stunning, dramatic pieces in a range of architectural styles—from Western and French Normandie to Mid-Century Modern and Adobe—essential for set design and production.

International Supplier Network: The business boasts a robust, cash-based network of vendor relationships spanning the globe, with key partnerships in Japan, India, Hungary, and other international locations. This allows for the efficient sourcing of unique and custom-ordered hardware, a significant competitive advantage.

Unmatched Expertise: At the core of the business is its unparalleled expertise. The owner, Rick, is widely regarded as a legitimate genius in the trade, capable of expertly fixing complex hardware and providing invaluable advice on installation. This level of service has earned the company a reputation for successfully completing jobs that three or more other locksmiths had given up on, further solidifying its market position.

Competitive Advantages:

Rare & Valuable Inventory: The business holds a "goldmine" of vintage hardware, which represents a significant and valuable asset. This curated inventory is a major draw for customers and a barrier to entry for competitors.

Superior Problem-Solving: The company's ability to solve complex hardware problems, as demonstrated by its success with period door sets and specialty replacement parts, is a unique and highly marketable skill set.

Established Processes: The business operates on a cash basis and has a proven process for custom-ordering specialty hardware from overseas, ensuring a streamlined and profitable operation.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Interior

Fireplace No

Others

Acceptable Financing Cash,Cash to New Loan,Government Loan

Listing Terms Cash,Cash to New Loan,Government Loan

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