NOT DISCLOSED, Arizona
| Asking Price |
$98,000 |
Year Established |
2021 |
|
| Annual Revenue |
$95,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Phil Goatley |
|
| Annual Cash Flow |
$38,469 |
Listing Number |
1017426 |
|
| # of Employees |
|
Business Category |
Retail: Florists, Gifts, Cards, Books |
|
Business Overview:
Are you looking for a unique opportunity to own a well-established Book Store in Southern Arizona? Look no further! This thriving bookstore, established over 5 years ago in April 2021, is now available for sale. Step into a business that was meticulously designed and built from the ground up, showcasing a vast inventory of used books along with puzzles, gifts, and more. The store has seen substantial growth since opening, continually expanding its shelves and sections to cater to various interests including children's books, travel, nonfiction, and audiobooks. With popular programs like book and puzzle rentals in place, as well as a loyal customer base that drives inventory selection, this bookstore has all the makings of a successful venture.
The potential for growth is significant with the opportunity to tap into the online market by launching a dedicated website, making the entire catalog searchable online, and enabling online orders. Leveraging social media marketing and online marketplaces can further expand the reach of the business to attract a wider audience. All inventory is already barcoded and cataloged, making this transition seamless for the new owner.
Expanding store hours to accommodate early morning foot traffic and opening on Sundays and Mondays can bring in more customers. Additionally, enhancing social events such as book clubs and author signings can further engage the community and drive foot traffic to the store. The local demographics, with a strong presence of a well-educated senior population, provide a solid customer base that values books and physical media. Don't miss this exciting opportunity to take over a beloved bookstore with a loyal clientele and abundant potential for growth. Explore this business for sale in Southern Arizona at https://www.tworld.com/ and envision yourself as the proud owner. The possibilities are endless, and the time to seize this opportunity is now!
Property Features and Assets:
<p>1250 square foot end unit directly on a busy road with excellent road visibility and two walls of windows. The roof, HVAC, and parking lot have all been replaced during the last 6 years the business has operated in this location.<br><br>Exceptionally clean, organized, and well maintained interior with inventory carefully screened for condition. Books are shelved neatly and organized, as well as cataloged and barcoded. The store includes extensive shelving, custom sales counter, reading and community area, computers and POS equipment, and much more. Barcode printers/scanners, card-processing equipment, office equipment, and FF&E included in sales price. Bright and strong interior visibility from the two walls of windows, and great road visibility as well.<br></p>
Market Competition and Expansion:
<p>There is only one other independent bookstore in the area, and a Friends of the Library bookstore. The store differentiates itself from those other options with its size and quality of inventory, as well as customer store-credit program, book and puzzle rentals, organization and customer service.<br><br></p><p>The store has primarily functioned as a brick-and-mortar store, so there is a significant opportunity for the new owner to expand into the online market via a dedicated website and making the catalog searchable online to allow online orders.<br><br>Expanding social media marketing will assist with selling select inventory through online marketplaces. This transition will be simple due to the fact that all the inventory is already barcoded and cataloged.<br><br>Another way to grow would be to expand the store hours from 9 am to 3 pm, to allow more customers to enter the store that can't during the 9 am to 3 pm hours. There is also early morning foot traffic from nearby businesses, so opening earlier could bring in more customers as well. Opening the store on Sundays and Mondays would also be an opportunity to bring in more customers.<br><br>A new owner could also expand on the social events that take place in the store, there is currently a popular book club but that is only one event, a motivated owner could add more events, clubs, and author signings.<br><br>Finally, due to the large well-educated senior population in the area, there is still strong support for books and physical media from the local community which makes this used bookstore a local favorite.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity