Iconic Specialty Book Retailer – 30 Years in Business
ASKING PRICE: $ 425,000
LOCATION: Utah, Moab
GROSS REVENUE: $ 1,070,000
CASH FLOW: $ 200,000
INVENTORY: $ 300,000
YEAR ESTABLISHED: 1990
FFE: $ 200,000 (Included in price: Yes)
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 increased in 2020 despite the Covid-19 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.
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)
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company management.