Owner Financing is Available!
Business Overview:
Great downtown Monroe location. Is established and totally turnkey. Well over $120,000. worth of inventory included in sale. Lease is very low and lots of room to expand as square feet age is 1,700 square feet. Currently has extra storage space that could easily be converted to additional retail space or sectioned off and offer private tutoring which is a business of it’s own. Floor plan is bright and open, floor plan also has the space to put in an espresso / snack counter. Inside and outside attractive and inviting definitely not the typical used book store look. This book store is been in this prime location since 1996. Great can’t miss type signage that let’s everyone who passes by know that there is a book store here. No other book stores close by. This is a great opportunity for an owner who has a passion for books and people. Other ways to expand profits is to put in snack or espresso stand, has the space so offer tutoring lessons, have an owner operator who is willing to be part of the day to day operations because current owner is limited to her role in the daily functions. Build up website / face book more. Just be more creative and execute expansion plans, offer reading clubs, network with the local elementary, middle and high schools. Give authors an opportunity to guest speak at this bookstore. Maybe even bring in and offer a wine and book night. Seller is willing to help you over the hurdles that she didn’t have time or the resources to overcome. There’s lots of ways to expand this business because this is not a franchise so for a creative thinker, people person and book lover this is a great opportunity.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Store is clean, bright and spacious. 1,700 square feet so has lots of extra room to add coffee or snack bar. Also has a big back area that is perfect for tutoring classes and or book clubs to meet. Great downtown location, great signage and visibility. Parking no problem. $140,000 dollars in inventory included in sale.
Market Competition and Expansion:
Lots of untapped potential. Current owner is only working at business part time, so owner operator who is full time would definitely see increase in profits and labor costs would go down as well. Has the space for a snack or coffee counter. The floor plan has space to put in tutoring classrooms and or book club meeting place. No other book stores or tutoring businesses anywhere near. Lots of untapped marketing and networking also that would increase profits.
Reason for Selling:
Seller has job and family commitments
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.