A rare opportunity to buy an award-winning independent bookshop, established over ten years and with a renowned author events programme and in-demand schools business.
The bookshop is well-regarded and well-supported in the community and has an eagerly-received regular newsletter and social media feed. This, with the fact that Oxfordshire is brilliantly placed in the book world, means the shop has an impressive track record of author events. This makes this bookshop a vibrant, lifestyle business for anyone who loves and wants to work with books, whilst still generating a good profit.
The current owner has taken great pride in this business and has built a strong foundation within the community and with established customers. The bookshop already runs well-supported, year-round author events both in-store and in the town (supporting annual events such as the Oxford Science Festival and school book festivals and reading weeks). It has more demand than it can cope with from schools both in the immediate area and further afield. There is terrific scope to expand this exciting and popular side of the business.
The bookshop’s services are much in demand. It works with many local schools and librarians on initiatives to get children enthusiastic about books and keep children reading, and this makes the bookshop a popular town-centre destination for families.
Abingdon is a bustling market town and riverside destination and is popular with day visitors as well as having regular markets, craft fairs and other town centre community activities that support the many independent traders in the town. The shop also offers popular non-book sales, with its greetings card business being one of the most popular services run in the town.
Net sales £239,577 in year ended 29/2/2016 generating a gross profit of £95,182 (39%) and a net operating profit of £47,154 to a working couple operating from easily managed lock-up premises within a Grade II listed period building. Leasehold @ £10,000 per annum rental. O.I.R.O £35,000 S.A.V. Ref: DC/8569
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