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Dynamic Independent Bookseller

Edwards, CO (Eagle County)

Dynamic Independent Bookseller
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Asking Price: $400,000

Cash Flow: $136,000

Gross Revenue: $1,800,000

EBITDA: N/A

FF&E: $70,000

Inventory: $160,000*

Rent: $0.00

Established: N/A

*not included in asking price.

Dynamic Independent Bookseller

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Business Description

The business was founded in 1996. The current owner bought into the business in 2005. In 2007 the owner and a partner moved the business to its current location, added the café and more than doubled sales. Since then, the current owner purchased the shares owned by others becoming sole owner in 2013. She also remodeled and expanded the business once again to its current 2937 ft2. During the next six years the business has continued to grow and has become an anchor of the Edwards business community and a gathering place.

Repeat business is one of the foundations of the business. Regular customers frequent the business both for reading material, community events, meals and coffee. In 2018 Café sales represented 25% of the business and book store sales were 75%.

The business model is based on a high level of service, a regular calendar of events, participation in the community and active and thoughtful buying. Currently the owner runs the business focusing on buying, marketing and customer service. She is supported by a long-time staff including four managers.

Please Note: Potential buyers will be asked to complete buyer registration, sign a non-disclosure, interview with broker and provide evidence of the means to complete a transaction of this size before additional confidential information will be provided.

Detailed Information

Location:
Edwards, CO
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,937
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased.
Competition:
There are no other specialty book stores in the market. Books are available for sale in other unrelated businesses and there are other coffee shops.
Support & Training:
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company management.
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Steve Hitchcock

Business Listed By:
Steve Hitchcock

Touchstone Business Advisors

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Sponsoring Broker:
Charles Spickert, CBI

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