Bookstore for Sale

Pennville, IN

Seller Financing Available

Main Book Room
Asking Price:$25,000
Gross Revenue:$65,000
Rent:$1,100/Month
Established Year:2019
Cash Flow:$45,000
Inventory:$80,000
FF&E:$18,500
BUSINESS DESCRIPTION

Great opportunity - Don't miss it
Everything included in the asking price of $25,000
The business began in 2019 in Upland, IN in a old factory and moved to Pennville, IN in 2023. The store hosts over 100,000 used books, 10,000 new books and 20,000 CD's and DVDs. This is an established bookstore with tons of potential for growth. Bookstore has only been open 2 weekends a month and does about $5,000 on average in sales each month.

Seller can help buyer open an account with Amazon and other marketplaces to increase volume and revenue.
Rent Monthly - $1100.00 (I can get you a new lease from the landlord).
Advertising expenses - $100
Total monthly Expenses - $1,200
Call or text me at 765-499-1306 or email at brad@thebookbin.org If you are interested
Have moved to Texas so I have the bookstore priced for a quick sell.
Tax documents are available for the last 3 years.


DETAILED INFORMATION
Location
Pennville, IN
Inventory
Included in asking price
Real Estate
Leased
Building SF
10,000
Lease Expiration
31/12/2025
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All book shelves(library shelves), tables, equipment, carts and furniture are included in the purchase of the business.
Competition
The business is located in an old Elementary school. There is one bookstore within 20 miles. The business has done most of the marketing online through Facebook.
Growth & Expansion
This is a business that has tons of growth potential.We have a Facebook page that will go with the business. We have 3300 followers and 2600 likes. You can also expand into Amazon and Ebay selling to increase sales. Finally, this bookstore could flourish with the right marketing strategy.
Financing
No financing options available.
Support & Training
Will be available for 1 week of training at the bookstore. Will help new business owner set up Amazon and Ebay accounts if purchaser wishes to start online business.
Reason for Selling
Moved to Texas, need to sell ASAP.

BUSINESS LOCATION
Report an Issue with this listing
Brad Bowser
Brad Bowser