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Business Listed by

Sunbelt Raleigh

Contact: Brian Fabricatore
Office Phone: 919-787-0566
Mobile Phone:
Listing ID: RALEINC001-N717

Busy Wilson Area Bookstore, with $70K Inventory Included

Financial Information

  • Asking Price: $129,000
  • Gross Revenue: $315,120
  • Cash Flow: $35,700
  • Down Payment: ON REQUEST
  • FF&E (Not Included): ON REQUEST
  • Inventory: $70,000
  • Financing: Yes

Business Location

  • Wilson
  • Wilson
  • North Carolina
Primary Business Category: Book Stores and News Dealers

This is a growing, family owned, full service Wilson Area Book Store and has been locally owned and operated for over 25 years.They offer books, Bibles, gifts, customized CD's, DVD sales and rentals, songbooks, jewelry, wall décor, custom imprinting Bibles and books. In addition they offer clergy and choir robes, church and Sunday school supplies. Sale price includes $70,000 of inventory.The owner has enjoyed the business and it has been rewarding to him and his wife. He now wishes to retire and move out of the area.We believe this is a fantastic opportunity for an individual to impart new infusion of ideas, passion and energy to bring the business to the next level. This business would be a great addition to supplement a family's income while being an important part of the Christian community. It would also be an opportunity for an existing bookstore to expand their geographic market, revenues and bottom line while leveraging their expenses. The current owner believes that revenue-enhancing opportunities exist for a new owner to capitalize on to continue to grow the existing base business.This business opportunity is being offered exclusively through Sunbelt Business Brokers of Raleigh for $129,000. Interested parties must communicate their questions or intentions directly with Brian Fabricatore of Sunbelt Business Brokers of Raleigh and have no direct contact with the Company, personnel or the facility.


Competition Description


Growth / Expansion overview

The owner believes business revenues could increase by expanding the following efforts:• Digital Marketing. Upgrade the web site; A more comprehensive web site with a chat robot and the ability to take online sales orders. • To promote the bookstore by visiting the pastors in the area. • Create sales events such as a customer appreciation day and other sales events. • Offer custom T-shirts and burn DVDs. • Develop a digital customer data base. • Marketing campaigns. Deploy email blasts and stay in contact with customers. • Purchase lead generation data: For mailers, emails or calls. • Hire a sales/internet person: Currently, no efforts are being made to solicit outside leads. • Expand Products and services currently offered; hold seminars. • The new owner’s infusion of drive and energy.


Support / Training Comments

The owner will negotiate a short transition period with the new owner.


Financing Comments


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 1994
  • Franchise: No
  • Year Acquired: 1994
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Real Estate Asking: ON REQUEST
  • Days Open: Monday-Friday
  • Hours Open: Varies by day
  • Fulltime Employees: N/A
  • Part time Employees: 4
  • Is Management Staying: Yes
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 2,025 sq ft
  • Parking: Ample
  • Monthly Rent: ON REQUEST

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