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Busy Wilson Area Bookstore, with $70K Inventory Included for sale

Wilson, NC (Wilson County)

Book Store
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Asking Price: $129,000

Cash Flow: $35,700

Gross Revenue: $315,120

EBITDA: N/A

FF&E: N/A

Inventory: $70,000

Established: 1994

Busy Wilson Area Bookstore, with $70K Inventory Included for sale

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Business Description

Independent Bookstores on the Rise Again! SBA loan available!

This is a growing, family owned, full service Wilson Area Book Store and has been locally owned and operated for over 25 years.They offer books, Bibles, gifts, customized CD’s, DVD sales and rentals, songbooks, jewelry, wall décor, custom imprinting Bibles and books. In addition they offer clergy and choir robes, church and Sunday school supplies. Sale price includes $70,000 of inventory.

The owner has enjoyed the business and it has been rewarding to him and his wife. He now wishes to retire and move out of the area.

We believe this is a fantastic opportunity for an individual to impart new infusion of ideas, passion and energy to bring the business to the next level. This business would be a great addition to supplement a family’s income while being an important part of the Christian community. It would also be an opportunity for an existing bookstore to expand their geographic market, revenues and bottom line while leveraging their expenses. The current owner believes that revenue-enhancing opportunities exist for a new owner to capitalize on to continue to grow the existing base business.

This business opportunity is being offered exclusively through Sunbelt Business Brokers of Raleigh for $129,000. Interested parties must communicate their questions or intentions directly with Brian Fabricatore of Sunbelt Business Brokers of Raleigh and have no direct contact with the Company, personnel or the facility.

Detailed Information

Location:
Wilson, NC
Inventory:
Included in asking price
Employees:
4 PTE
Facilities:
2,025 sq. ftt leased space
Growth & Expansion:
The owner believes business revenues could increase by expanding the following efforts: • Digital Marketing. Upgrade the web site; A more comprehensive web site with a chat robot and the ability to take online sales orders. • To promote the bookstore by visiting the pastors in the area. • Create sales events such as a customer appreciation day and other sales events. • Offer custom T-shirts and burn DVDs. • Develop a digital customer database. • Marketing campaigns. Deploy email blasts and stay in contact with customers. • Purchase lead generation data: For mailers, emails or calls. • Hire a sales/internet person: Currently, no efforts are being made to solicit outside leads. • Expand Products and services currently offered; hold seminars. • The new owner’s infusion of drive and energy.
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Retirement
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Contact the Seller

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Brian Fabricatore

Business Listed By:
Brian Fabricatore

Sunbelt Business Brokers--Raleigh

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Sponsoring Broker:
Mark Richie

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