Established Canadian businesses - For Sale by Owner - in Canada
Listing # 63211001
Business For Sale
Used book store in downtown location in Georgian Bay city, established clientele
Business Location: SouthWestern Ontario Postal Code: N4K Relocatable: Yes
Retail Stores & Trade Art, Antiques & Gifts
This business was featured in cottagelife.com as one of the best book stores in cottage country. Year-round clientele. Excellent life-style business for book lover/reader. Perfect opportunity for young retired person or couple. Location in busy downtown. City is home to college with specialized marine course, excellent hospital, large arts community. Also draws on large rural regional population and robust tourist trade. Many untapped creative opportunities for growth. Been in business for 30 years, very well-established in city and well-known to book shoppers and collectors in other cities. Easy to get good inventory from established base. Excellent margin.
Sales around $100,000 yearly. Could be increased by more aggressive attention to business and more advertising. Owners retirement age now, but have supported themselves with this business for past 20 years. Rented location on main street with lease due to expire November, 2017. Could be moved to other location or as strictly online presence; but current location very good. Excellent margin. Financial records prepared yearly by professional accounting firm, will be available to serious inquiry.
MARKET & COMPETITION
One other smaller second hand book store in town. They sell comics, soft-cover fiction. We have much larger location with larger variety, non-fiction, etc... On-line competition could be mitigated by joining in. E-book readers seeming to be coming back to print in many cases. Store has great reputation in large geographical field and very good established customer base plus good relationships with community groups, DIA, etc.
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