In this episode, the hosts dive into a truly bizarre business listing—a nonprofit sci-fi and horror museum in California that couldn't make it work but is now selling its collection of assets. The museum's listing even apologizes to potential buyers, admitting their failure. But does the inventory, which includes Star Wars and Star Trek memorabilia, justify the asking price? The crew discusses the challenges of turning failed nonprofit assets into a viable business, the surprising cost of niche collections, and whether this deal is just another bad sequel in the world of business acquisitions.
Business Listing -https://www.bizbuysell.com/Business-Asset/hollywood-science-fiction-museum-7m-in-assets-props-sets-and-more/2319487/
Key Highlights:
- The sci-fi and horror museum that couldn't survive—but still wants to sell its assets for top dollar.
- Why the listing apologizes to potential buyers before they even read the details.
- The risks of buying nonprofit assets and trying to turn them into a for-profit business.
- Could this collection actually be worth more than they’re asking?
- Star Wars, Star Trek, and horror memorabilia—what’s the real market for these niche assets?
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