Iconic Specialty Book Retailer - 30 Years in Business
Listed Price: $ 425,000
Listing ID: 202021
Listing DetailsCash Flow: $ 170,000
FFE: $ 200,000 (Included in Price)
Inventory: $ 300,000
Training & Support:
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company management.
Listing SummaryBusiness Description:
Millions of visitors come to Moab every year and, for many, this book retailer is a “must do” stop. With three decades of history and a remarkable place in the community this business has a reputation that extends far beyond the local market.
Profit has remained strong during the 2020 roller coaster due to customer loyalty and to the creative response of the company to the challenges of covid-19. With both the regular book trade and the focus on rare and collectable sales, this business has weathered 2020 in good style and is well positioned for a new owner to take the wheel and continue on from here.
Potential purchasers should note that the asking price does NOT include inventory which is substantial. The value fluctuates with sales and acquisitions. The 300K referenced here is a good estimate.
Seller owns the real estate and will offer an advantageous new lease to buyer.
Please Note: Potential buyers will be asked to complete buyer registration, sign a non-disclosure, interview with broker and provide evidence of the resources to complete a transaction of this size before additional confidential information will be provided.
Leased. (Seller owned, see above)
OperationYear Established: 1990
Absentee Owner: No