43 Year Old Bookstore, Owner Retiring!

Asking Price$159,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$110,000
Included in asking price
FF&E$10,000
Included in asking price
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43 Year Old Bookstore, Owner Retiring!


Asking Price$159,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$110,000
Included in asking price
FF&E$10,000
Included in asking price
Business Description
Book Gallery West is a unique and fun place to be. It's a family oriented bookstore with something for everyone. It sells mostly used books which attracts customers who want a good deal but it also sells beautiful gifts and greeting cards as well. The array of merchandise appeals to more shoppers than just readers. Due to the diversity, in many ways it serves as a country store just in the suburbs! Rewards in recent years have included Our Town "Favorite Local Bookstore," Choice Awards Winner for "Best Gift Shop," and Next Door "Fave" awards. It is easy to run. Employees are long term and want to stay with the business.
About the Business
Years in Operation
43
Employees
5 Part-time
Facilities & Assets
The store is located in the popular Millhopper Shopping Center in northwest Gainesville. Its location in the building is the very best as it sits on the corner of a busy intersection with windows looking out onto both NW 16th Blvd., and NW 43rd St. with signage on both sides. The Center includes a post office, Publix, PetSmart and seven other businesses. Consequently, foot traffic is very good. The parking lot is large and well maintained. The store is fully built out, has a back office and adequate storage.
Website
Show Website URL
Market Outlook / Competition
Gainesville is home to The University of Florida and Santa Fe College. It is a well educated community that reads. The store offers mostly used books which sets it apart from new books only stores. Customers say how much they appreciate the good deals buying used books provides them. There are only four other bookstores in Gainesville.
Opportunities for Growth
There are a number of things that could be done to grow the business that currently aren't being done, such as book clubs, speakers and book signings.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,500
Rent
$9,988 per month
Lease Expiration
2/28/2027
About the Sale
Seller Motivation
The owner has turned 80 and would like to retire.
Transition Support
The owner is very willing to provide as much training as needed, to answer questions at any time and to assist with merchandise selections if desired.
Financing Options
Willing to discuss
Listing Info
ID
2554012
Listing Views
5
Business Location

Listing ID: 2554012 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.