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$ 500,000
Est. payment /mo
Active
4382 Lankershim BLVD North Hollywood, CA 91602
UPDATED:
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
Others
Acceptable Financing Cash, Cash to New Loan, Government Loan
Listing Terms Cash, Cash to New Loan, Government Loan
Listed by Jessalyn Constantine Keller Williams Realty-Studio City 818-879-3290
