Retail - Miscellaneous Retail

Asking Price	$140,000	Inventory	$60,000*
Gross Income	$260,000	Real Estate
Cash Flow	$60,000	Year Established	1988
FF&E	$12,000*	Employees	2 part-time

* included in the asking price

** not included in the asking price

This store has a heavy emphasis in Art books, along with Southwestern/Native American and general subjects as well (cooking, health, literature, etc.) They also carry a small collection of rare books. The location is ideal, being on a main street with good visibility. The owner has instituted internet book sales in 2001, and these sales generate 30% of total sales. The store is equiped with computers and an inventory system .The store has staff in place to run the entire store on a daily bases with 2 part time employees. The new owner could work as much or as litlte as needed. With a 70-80% gross margin, there is a lot of room to offer discounts, and especially to use discounts to spike the Internets sales. If the Santa Fe ecomony suffers, they can highly impact the Internet sales by reducing prices on line. The owner has built the mechanics for easily doing so, and this particular characteristic of the used book business makes it more valuable. Wonderful opportunity with good cash flow.

Facilities: 2000 sq ft leased space. The location is ideal, being on a main street with good visibility. Has been at the same location for 20 yrs with extensive customer following.

Competition: The location is ideal, being at the same location for 20 yrs., on a main street with good visibility. Used book stores fair much better in this market. Not much competition.

Growth/Expansion: 80-90% of the inventory walks in the door in form of customers bring their books to sell and buying other books. The remaining 10-20% of inventory is bought at bargain prices. The internet books sales have increased to 30%.

Support/Training: Seller will train

Reason Selling: Lives out of state. Wants to open more book stores where he lives