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Popular Beach City Bookstore! Asking $65K Plus $70+ inventory

Orange County, CA

Orange County Beach City Bookstore
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Asking Price: $65,000

Cash Flow: $44,266

Gross Revenue: $352,721

EBITDA: N/A

FF&E: N/A

Inventory: $70,000*

Rent: $2,175 /Month

Established: 2001

*not included in asking price.

Popular Beach City Bookstore! Asking $65K Plus $70+ inventory

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Business Description

Established for 18 years this eclectic independent bookstore is located in a popular beach city shopping area adjacent to destination restaurants is available for purchase. The shopping center is newly renovated with additional parking and new restaurants all of which has dramatically increased traffic in the shopping district and the store. The bookstore is only just beginning to receive the benefits of the completed renovations.

* Great beach city location in popular shopping district with destination restaurants
* $352,721 gross sales
* $44,266 Discretionary Earnings
* In-store events include author readings-signings, children's readings, music & crafts
* Part-time employees
* Asking $65,000 plus inventory of approximately $70,000

The store has an excellent reputation for friendly service and carries a wide variety of book selections. selections include Fiction, Nonfiction, Children’s books, Young Adult, Self-Help/Philosophy, History, Autobiography/Biography plus others including books on the best seller lists of the New York Times, American Booksellers Association’s Indie Bound, and the Los Angeles times.

The bookstore has an e-commerce site for online shopping that includes sales of books, ebooks, kids books, puzzles and games, music, movies, textbooks and more, The current owners have no digital marketing/advertising in place. This makes for a great opportunity for a new buyer to expand the bookstore sales beyond the location sales.

The store has author book signing events, children’s book readings, music events, and craft events and is a fixture in the local community. Publicists call the store to book author book signings and the store has a monthly event with a local author/radio host/podcaster as the host. The store has excellent walk in traffic from the newly opened destination restaurants and shops that has increased the evening before-after dinner crowd.

Popular among locals the store is a great opportunity for someone looking for a simple business to own and operate that is both fun and very fulfilling with growth potential. The store operates with 2 part time employees working as “book sellers”and sales staff along with the owners.

Reason for Selling: The owners are retired teachers and now wish to fully retire.

Detailed Information

Location:
Orange County, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
827
Lease Expiration:
6/30/2020
Employees:
2
Support & Training:
4 weeks training with Seller, 20 hours per week
Reason for Selling:
Owners are retiring
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(from currently available funds)
 
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Bill Grunau

Business Listed By:
Bill Grunau

Pacific Business Sales

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The California Association of Business Brokers (CABB).

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