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Asking Price:	$60,000 USD USA Dollars
Business for Sale Industry:	Retail: Non-classifiable
Reason for Selling:	Retirement.
Year Established:	1992
Yearly Cash Flow:	$15,384
Yearly Gross Income:	$77,940

Business for Sale Overview:

Upscale new/used bookstore has been in this upper income area on a very busy main drag for 15 yrs. COGS is low as a very loyal base of customers bring many books in for trade credit. Customers compliment owner on how nice looking and well stocked the store is compared to many other new and used bookstores. Cappuccino/coffee bar is set up and ready to go, if buyer chooses. They are a good source to local school districts for required reading books for students. Marketing this to area residents would be wise. 100% of customer base is referral/walk-in traffic. Literally no marketing/advertising has been done. Over 9,000 books in Mystery section, of which they're 1 of 2 Houston area bookstores to have dedicated "Mystery" book room. Please refer to CBB Listing #6826MB when inquiring.

Property Features and Assets:

3,000 Sq. Ft. facility in strip center.

Market Competition and Expansion:

1. Advertise. 2. Increase new book section & keep ISD required books in stock. 3. Market to local ISD students. 4. Expand website.

Additional Details:

• The property is leased.
• The owner may be willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.