Business for sale in Canada – British Columbia – British Columbia – Independent discount book business

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Business for sale in Canada - Independent discount book business

Asking Price: 1,900,000 $ CDN Real Estate: Lease
Sales Revenue: 4,829,123 $ CDN
Net Profit: 165,977 $ CDN
Year Established: 1980
Employees: 5FT, 15PT
# of family members employed: Not Disclosed
Location criteria:
Canada/British Columbia/British Columbia

Business types:

Retail

Business categories:

Book Stores

Business description

The unique and centralized approach to operations allows the idbb to offer books a lower than average prices. They identify the needs of a particular geographical area based on demographics and cultural differences, then deliver product to that area s retail outlet based on those needs. With around 18,000 customer transactions per month the company has no risk of losing significant customers. the idbb classifies its inventory of books into three major sections; current best sellers, reprints, and hurt books. hurt books and reprints are bought in large quantities from publishers, bankruptcies, and many other sources. These books are sold for about half their original price and the current best sellers are sold at a minimum 20% off of their sticker price. The company has also branched out into selling related products such as calendars, greeting cards, and a large selection of classical music. the company has recently consolidated its operations to include the four most profitable stores. These stores have historically proven an average 14 percent increase in sales annually.

Additional information

Additional information: Not Disclosed
Support & training: Appropriate support and training will be provided to ensure a successful transition
Reasons for selling: Retirement
Financing available: yes
Inventory / Stock value: $0

Real Estate

Ownership: no
Lease: yes
Lease terms: Not Disclosed
Location: Not Disclosed

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