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$ 500,000
Est. payment | /mo
$ 500,000
Est. payment | /mo
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.
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
Listed by Jessalyn Constantine Keller Williams Realty-Studio City 818-879-3290
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”