Business For Sale

BookTales is a Quaint Book Store, Encinitas, CA

Encinitas, CA
San Diego County


Asking Price: Annual Revenue:
$60,000 $66,000

Retail: Florists, Gifts, Cards, Books


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RE: BookTales is a Quaint Book Store, Encinitas, CA Broker: Linnea Westlake
Owner Financing is Available!

Quick Facts

Asking Price: $60,000
Annual Revenue: $66,000
Net Profit: Not Disclosed
Cash Flow: $27,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 19999
Employees: 1
BBN Listing #: 769533008
Broker Reference #: 2401-91245

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Business Overview:

BookTales is a quaint Book Store in Encinitas, CA - great location! No local competition. Buy, sell, trade popular lightly used and new books of all types. A curious selection of vintage paperback, bargain hardcover, classics, poetry, children’s as well as collectibles and rare volumes. Enviable retail location near the ocean in densely populated high traffic neighborhood catering to both resident and tourist patronage. Unique selection of books may also be purchased through seller on-line stores. Reasonable 5 year lease upon close of escrow - 1st year total at $1500 per month. Current owner is semi-retired and after 18 years wishes to pursue other interests. Gross $65,000. Price $60,000 plus inventory estimated at $15,000. 60% Down. 40% Seller financing offered @ 6% for 60 months. Recent SDE $26k-$29k. Passionate bibliophile should bring new energy and ideas to leverage incredible location and build on-line presence for growth of this unique lifestyle opportunity.

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Property Features and Assets:

Current owner purchased in 1999 for $60,000. Originally a paper back exchange but has added new and hard cover based upon customer demand.

Market Competition and Expansion:

No similar competition in adjacent 4 city area. Solana Beach, Encinitas, Del Mar, Leucadia. High traffic area. Showing Comments will need to meet before/after store hours Potential Growth Extended Hours, Updated Concept.

Reason for Selling:

Retiring

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.

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