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Business for sale in Canada - Independent discount book business

| Asking Price: | 1,900,000 $ CDN | |
Real Estate: | Lease |
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| 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: |
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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 |
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| 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 |
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| Lease: | yes |
| Lease terms: | Not Disclosed |
| Location: | Not Disclosed |
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