Book shop- Making Good Profits

Well presented business in a major shopping centre paying approx. 15% rent to sales. Owner works in the shop 4 days per week, but not at weekends. Starting out as an Angus And Robertson franchise, the owner decided to branch away from the franchise and become an independant, and part of a large buying group. Which has proved to be much more profitable.

The business is fully computerised, to track sales and stock levels, as well as being able to track sales trends and compare them to a national data base. This helps with ordering of stock, which also is done by computer, and saves holding large quantities of stock.

Situated in a major entry area to the centre, close to large super market and next to a news agency, with other popular shop around it including a Donut King.

Current owners wish to retire after 22 years and do not enjoy the best of health.The business for a new owner has the potential to generate $80,000 profit per year based on the 2010 figures. With several outlets to grow the business which the curent owner admits he should have done but does not want to. Coupled with the fact that their main rival Borders Book Store has closed down, this is a chance for somebody to take full advantage of the situation and turn a profitable business into a very profitable business.

Additional Details

Years Established: 22 years
Gross Turnover: $625,000
Stock Included: Yes
Approximate Stock Value: $100,000-$120,00

Buyer Resources

When buying a business there are lots of useful, and most often free, online resouces to assist you make a well informed decision on which business to purchase.

Australian Government Business Resource website

Business Tax Office Support website

Australian Competition and Consumer Competition website

Directory of Government and Business Associations website