Public Sale of McIntosh Book Shoppe - historic small town book store

Asking Price$475,000

Cash Flow
$40,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$200,000

Inventory$498,000
Included in asking price
FF&ENot Disclosed

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Public Sale of McIntosh Book Shoppe - historic small town book store


Asking Price$475,000

Cash Flow
$40,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$200,000

Inventory$498,000
Included in asking price
FF&ENot Disclosed

Business Description
There are few things that will tell you more about a town than a look into their most prized bookstore; in Beaufort that esteemed centerpiece is the well-known and well-visited McIntosh books. Travelers who regularly visit the town are drawn to the bookstore and after learning about the hospitality and history of the culture, often determine that their life may be better lived here in the Lowcountry. Wilson McIntosh has made it his job to not only find literary treasures, but to act as a local historian and preservationist; gathering and protecting genealogy’s, anthologies and guiding records that serve as bastion of heritage for our small but proud community. The bookstore is a blended meeting ground where history can be preserved and shared by both our amazing Gullah culture though slave anthologies and the heritage of our plantation properties with texts and documents memorializing their grandeur. One of the most commented on areas of the book store is not the extensive hunting section, or the extremely rare section or even the civil war area, but the outdoor book section where inexpensive books can be purchased through the honor system by passers-by at any hour of the day. This store is a symbol of the town, where generosity of spirit and trust in the fellows around can flourish and support the community we love and grow here in Beaufort.
The next owner of this store will have to be a member of our community that values the small town, small business, and quiet life lived slowly in the Lowcountry. Someone who enjoys a visit from an out of towner or is willing to step away from the store to help unload a painting for one of the nearby art galleries. The value of this business is only partially in the numbers, the true value is in the passion and companionship this store will give the next owner.
About the Business
Years in Operation
29
Employees
2 (2 Part-time)
Facilities & Assets
Inventory of approximately 10,620 books, including rare specialties worth up to $6500, popular and unique pieces such as signed Archibald Rutledges, local authors, beach reads, all the way to fun dime mysteries.
Market Outlook / Competition
There is one other local bookstore in the downtown market, there is another store in the same town and a new Books-a-million but McIntosh holds the spot as the towns antique and unique book seller.
Opportunities for Growth
The bookstore does not currently have a POS system or inventory. None of the books have been listed online in any capacity. The ability to leverage this is substantial.
Real Estate
Owned or Leased
Leased
Rent
$2,935.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Owners passion is his books, he will stay on and his staff would likely stay too if needed to help new owner as long as needed.
Listing Info
ID
2440939
Listing Views
Business Location

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Business Listed by: Evelyn Bush Sunbelt Business Brokers of Charleston

Listing ID: 2440939 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.


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