Quaint Book Store, Encinitas, CA - Coast Hwy

Encinitas, CA (San Diego County)

Seller Financing Available
Quaint Book Store, Encinitas, CA - Coast Hwy
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Asking Price: $60,000

Cash Flow: $9,297

Gross Revenue: $66,225

EBITDA: N/A

FF&E: N/A

Inventory: $25,000*

Rent: $1,500 /Month

Established: 1999

*not included in asking price.

Quaint Book Store, Encinitas, CA - Coast Hwy

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Business Description

Quaint Book Store in Encinitas, CA - great location! No local competition. Buy, sell, trade popular lightly used and new books of all types. A curious selection of vintage paperback, bargain hardcover, classics, poetry, children’s as well as collectibles and rare volumes. Enviable retail location near the ocean in densely populated high traffic neighborhood catering to both resident and tourist patronage. Unique selection of books may also be purchased through seller on-line stores. Reasonable 5 year lease upon close of escrow - 1st year total at $1500 per month. Current owner is semi-retired and after 18 years wishes to pursue other interests. Passionate bibliophile should bring new energy and ideas to leverage incredible location and build on-line presense. Gross over $75,000 in 2018. Inventory about $25,000 included. Asking $60,000. 50% Down. 50% Seller financing offered @ 6% for 60 months. Cash flow positive.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
420
Lease Expiration:
N/A
Employees:
3
Competition:
No similar competition in adjacent 4 city area. Solana Beach, Encinitas, Del Mar, Leucadia. High traffic area.
Growth & Expansion:
Extended Hours, Updated Concept
Financing:
30000.00
Support & Training:
4 weeks
Reason for Selling:
retiring
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(from currently available funds)
 
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Linnea Westlake

Business Listed By:
Linnea Westlake

Transworld Business Advisors

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Sponsoring Broker:
Marshall Pollock

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