Cute and Cozy, 30 year-old, Indie Bookstore

Waterford Township, MI

Seller Financing Available

listing image
Asking Price:$80,000
Gross Revenue:$45,000
Rent:$1,400/Month
Cash Flow:$25,000
Inventory:$100,000
Established Year:1986
BUSINESS DESCRIPTION

Independent Used Bookstore with Over 50,000 Books and 30 Years of History

*Please visit the store, but I kindly ask that you respect the process of the transition by not talking with the employees regarding the sale.

This is a unique opportunity to own an independent used bookstore, known for its extensive inventory and streamlined operations. With a 30-year legacy, this business offers a fantastic foundation for an owner looking to take it to the next level. The shop is masterfully run by 3 trusted volunteers who have been with the shop for over a decade each.

Business Highlights
? Extensive Inventory: Over 50,000 books spanning every genre, from rare collectibles to modern bestsellers.
? Curated Through Donations: The entire collection is sourced exclusively through a donation-based system, combined with a unique customer reward program that incentivizes repeat visits and community participation.
? Established History: Operating for three decades, the bookstore has a strong reputation and a consistent flow of traffic.
? Prime Location: Positioned in a busy area, making it a convenient stop for book lovers and casual shoppers alike.

What’s Included
The full inventory of 50,000+ books.
Shelving, displays, and all store fixtures.
Laptop, CC machine, Shopify account, and social media platforms
A recognized business name with 30 years of goodwill.
Training and transition support from the current owner, if desired.

Growth Opportunities
While the bookstore already enjoys steady stability, there are numerous avenues for expansion:
Build a Stronger Community Presence: Host book clubs, author signings, or literacy programs to position the business as a community hub.
Expand Online Sales: Take advantage of e-commerce platforms to sell rare and collectible titles to a global audience.
Increase Reward Program Engagement: Grow the customer base by marketing the unique donation and reward system more effectively.
Broaden Event Offerings: Add workshops, reading events for children, or pop-up markets to attract new customers.

*Seller note: I bought my dream bookstore 1.5 years ago, and I have not been able to take advantage of the growth opportunities due to being an out-of-state absentee owner; with the original intent of moving there. This just did not end up happening, so I am looking for someone who has the time and resources to continue the legacy and take it to the next level. It has the capacity to serve the community in many different ways as mentioned in the "growth opportunities", and I hope someone takes that vision and makes it happen. Our customers LOVE our shop.


DETAILED INFORMATION
Location
Waterford Township, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,500
Lease Expiration
01/01/2026
Employees
3
Facilities
The full inventory of 50,000+ books. Shelving, displays, and all store fixtures. All shelves were hand made at the origin on the shop Laptop, CC machine, Shopify account, and social media platforms
Competition
With decades of history at the same location, there is not much competition. There is a bookstore in the neighboring town that sells new books only.
Growth & Expansion
Build a Stronger Community Presence: Host book clubs, author signings, or literacy programs to position the business as a community hub. Expand Online Sales: Take advantage of e-commerce platforms to sell rare and collectible titles to a global audience. Increase Reward Program Engagement: Grow the customer base by marketing the unique donation and reward system more effectively. Broaden Event Offerings: Add workshops, reading events for children, or pop-up markets to attract new customers.
Financing
SBA is not available on this business.
Support & Training
As much support and training as necessary will be offered.
Reason for Selling
Out-of-State
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Haleigh RIce
Haleigh RIce