Asking price: £39,500

Sales revenue: £151,013

Net profit: £24,500

Fixtures value: Undisclosed

Stock value: £35,000

Business description
The primary area of business is the sale of new books and around 3,000 titles are available from stock. The business has been established since 1975 and has been run by the present owners since 1992.

They have a regular customer base achieved by providing a large range of quality and specialist books with a personal service.

Any book can be ordered if it is not in stock and deliveries are normally the next day. All customers who place orders are automatically transferred to the database which can then be used for contacting customers with details of new publication or special offers etc. This data base will be passed on with the business.

A lot of custom comes from providing specialist books and one area that is very profitable is the travel section which has seen increasing trade for a number of years.
There is also a children’s section which the present owners feel could be an area for expansion. There is sufficient room in the shop to substantially increase the children’s book section. The owners used to regularly run a book club at the local schools which provided extra revenue and could easily be reinstated.

This represents an ideal opportunity to purchase a sound, long established and well respected business, this shop has virtually no competition and is in a beautiful town. One person can run this business if required.

Anyone who likes books but wanted to increase on the current volume of business could not only enjoy this attractive business as it is, but would also have several possible ways of increasing the turnover apart from extending the range of children’s books they could introduce new lines, for example these could include increasing the sale of book tokens, introducing a good range of talking books and developing an attractive marketing web site, as on-line selling is rapidly becoming the way people shop, especially younger people.
The only reason for selling is that the owners wish to retire and take a well earned rest.

Years established: 34

Employees: None

Trading hours: Monday to Saturday 9:30 am to 5:00 pm. Tuesday Closed

Property: Leasehold

Lease terms
Lease until 2012 but the owners feel there would be no problem in getting a new lease.

Location
This well run and profitable book shop is located on the main high street in a busy part of Nailsea with ample on street parking outside the shop.
Nailsea is a busy attractive North Somerset town just minutes from the Bristol Channel and Mendip Hills. In the 18th and 19th century Nailsea was a substantial producer of glass and gave its name to a particular type of coloured glass which has become highly sought after by collectors around the world.

In addition to a good selection of restaurants, cafes and pubs, Nailsea has a wide variety of shops but there are no other book shops. These businesses obtain their trade not only from the residents and tourists, but also from many surrounding farms and villages.

Expansion potential
Anyone who likes books but wanted to increase on the current volume of business could not only enjoy this attractive business as it is, but would also have several possible ways of increasing the turnover apart from extending the range of children’s books they could introduce new lines, for example these could include increasing the sale of book tokens, introducing a good range of talking books and developing an attractive marketing web site, as on-line selling is rapidly becoming the way people shop, especially younger people.

Competition / Market
There are no other bookshops in the town.

Support & training
The owners will give full support to ensure a seamless transfer.

Reasons for selling
The only reason for selling is that the owners wish to retire and take a well earned rest.

Related documents

		BS613A Confidentiality Agreeement

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