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Bookstore for Sale in SW Florida - Live Your Dream!

Punta Gorda, FL
Inside Copperfish Books
Asking Price:$85,000
Gross Revenue:$334,000
Rent:$2,334/Month
Cash Flow:$55,000
Inventory:$50,000
Established Year:2012
Listing ID: 2263613Listing provided by BizBuySell
BUSINESS DESCRIPTION

Opportunity to own and operate a sustainable, well-respected independent bookstore which sells new and used books, greeting cards and gifts. Copperfish Books is also known for hosting book clubs, author signings and other community events.

This turn-key operation fully employs all the disciplines needed to run a profitable, growing, and satisfying enterprise. It is located in the downtown historic district of Punta Gorda, a desirable coastal city in Charlotte County, Florida known for its “friendly, hometown feel” and an appreciation for the outdoors and the arts. The current owners seek new leadership interested in meeting the challenges and opportunities of the evolving book industry, while preserving the heart and soul of this community treasure. New owners who value community and have the entrepreneurial spirit needed to run a small business such as this would be a great fit. This bookstore is truly a most entertaining, enlightening, and sociable retail atmosphere one could ask for!

DETAILED INFORMATION
Location
Punta Gorda, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,400
Employees
4
Facilities
Seller will sell all assets used in the business to include equipment, furniture, fixtures, supplies, files, records, website, trade name, logo, social media accounts, reputation and goodwill and all other general intangibles used in the business. The inventory is also for sale (separately, not included in the asking price). The cost of the inventory will be determined at time of sale. Facilities include parking in front of the store. The current lease term is good through 10/31/26, and is renewable for another 3 years through 10/31/29.
Competition
There is no other independent bookstore nearby. In Port Charlotte, there is a BAM about 10 miles north. We don't seem to be greatly impacted by that big-box store, however.
Growth & Expansion
Ideas for future growth can include these strategies: reaching out to new residents (who continue to move here with enthusiasm), promoting programs and events both on and off site, developing a subscription program for grandparents other reading or gift-giving groups, ensuring an active events calendar to give people reasons to come into the bookstore, and expanding bulk sales to schools and other businesses and organizations in need of books.
Support & Training
Owners are willing to offer training and transition support for up to 6 months. Most of the part-time staff would like to remain working in the store.
Reason for Selling
Retirement
BUSINESS LOCATION
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Cathy Graham
Phone Number
Cathy Graham
Call Phone