Business Overview:
One of a limited number of independent bookstores in Northeast Ohio that specializes in self-development material. A destination for customers looking for multiple and specialty brands of incense and candles. Strong name recognition locally: a destination store.
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:
Independent book store since 1985 specializing in self development materials. Located in the heart of Cleveland Heights, a Greenwich Village type business district located close to universities and art museums. Parking available on street with overflow in large parking garage. Store has 1,700 sq. ft. of product lines which include books on metaphyisical, spiritual, and world traditions. Strong sideline sales include candles, incense, essential oils, jewelry, statues, crystals, tarot cards. Fixtures, point of sale inventory system and computer network.
Market Competition and Expansion:
Competition: Steady sales in spite of national economic downturn. Local retail mix and foot traffic has changed significantly over the past decade leaving this store one of a handful of retail establishments among many restaurants in the district. Neighboring businesses are mixed national chains and independents. Immediate neighbors: hair salon, Thai restaurant. Should new owners decide to relocate, customer base would follow.
Growth and Expansion: Unique niche product line could easily be turned into profitable business opportunity via addition of online sales.
Reason for Selling:
One owner passed away.
Additional Details:
- The property is leased.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: