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Christian Book Store

Martinsville, Virginia (Martinsville City County)

Retail - Miscellaneous Retail

$Seller Financing Available

Asking Price $139,000 Inventory $70,000* 
Gross Income $428,731 Real Estate  
Cash Flow $76,921 Year Established 1958
FF&E $17,025* Employees 4

* included in the asking price

** not included in the asking price

This business is an established, profitable Christian Book Store located in a beautiful South Central Virginia city. The store sells bibles, books, cards, gifts, church supplies, Sunday School literature, Vacation Bible School packages, music, and custom items. It is the only religious book store in its market with two-hundred-seventy-six churches within a twenty-mile radius! Even through slower economic times the stores profitability has remained good, and with the area starting to rebound, the store is well positioned for increased sales. The store interior is beautifully laid out, and it is in an excellent high visibility location close to a Wal-Mart Supercenter. Established in 1965, this business has established strong relationships with the religious community in its market. Sales revenues have increased with the expansion of the product line from normal church supplies to include gifts, music, and collectables. The store also coordinates and hosts the yearly Vacation Bible School. This is an excellent opportunity for a buyer to run an existing, proven business that has significant opportunities for growth. The addition of a coffee kiosk and reading area is just one idea that can be implemented by a new owner.

Facilities: Beautifully laid out book store with 2,000 sq feet. Located on a major thoroughfare just down from a WalMart Supercenter

Competition: There are currently no other bookstores in the Martinsville area. There are no Christian bookstores within 30 miles.

Growth/Expansion: Store has held its own with area realizing slow economic growth. The addition of a coffee and sitting area would be a great addition.

Seller Financing Available: Yes

Financing: Seller financing at 7% for 84 months

Support/Training: Seeler will train for 30 days at no charge

Reason Selling: Retirement

Business For Sale By

Tom McCann

434-386-9400

The McCann Company

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