76063 RF Religious Books, Apparel, Sunday School Store in Richmond, VA

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Asking Price:
$250,000

Gross Revenue:
$282,257
Cash Flow:
$53,216
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$87,000
included in asking price

FF&E:
$26,000
included in asking price

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Business Description

This specialty bookstore offers an extensive collection of church items, Sunday school material, minister apparel, specialty religious items, engraved Bibles and books.

About the Business

Year Established:
1965
Number of Employees:
3
Real Estate:
Leased
Building Sq. Ft.:
2,019
Rent:
$2,200.00 Per Month
Facilities:
The Seller has owned this specialty bookstore for 32 years. Brief period of 2 plus years when business was operated by an individual that failed to meet financial obligations of purchase agreement so Seller took back store.
Market Outlook/
Competition:
Most stores offering this type of merchandise have closed in recent years. Very limited competition.
Growth & Expansion:
Expand product line to increase sales from more religious denominations. Build website and ecommerce platform. Promote and advertise online. Attend trade shows and conventions.
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About the Sale

Reason For Selling:
retiring
Training/Support:
3 weeks

Listing Info

ID:
1421585
Ad Detail Views:
653

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Business Listed by

Russell Fergusson

Transworld Business Advisors of Richmond VA

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Sponsoring Broker:

Transworld Business Advisors CEO, Rupesh Bharad
Transworld Business Advisors of Richmond VA

U.S. Census Data for Chesterfield, Fairfax, Henrico and Richmond city Counties, VA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Chesterfield, Fairfax, Henrico and Richmond city Counties, VA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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