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Large New Age Center Store And Meeting Rooms
Location: United States -> Arkansas -> Hot Springs
Industry: Retail > Other Retail




Business Summary

Golden Leaves Book Store. One of the oldest and well known Centre's in the country. Established in 1968 in New Orleans, then relocated to Hot Springs, Arkansas 20 years ago. 4000 square feet. Incredible NW corner location, at the foot of Historic Bath House Row, in the Gallery District. Lots of floor to ceiling windows. Original owner 86, selling due to age. Price includes everything. Name, website, email list, Amazon store, all stock, fixtures. Owner will provide buyer with generous list of high-profit wholesalers-gifts-jewelry-sidelines, etc. Incredible opportunity. No new age competition. Only other large bookstore is Books-a-Million, they carry very few new age books. The ideal scenario would be for the new owners to add a health juice bar/coffee shop to the store. There is no health juice bar anywhere on Bath House Row. Combine this with a bookstore atmosphere and you have it made. Parking lot adjoins the store. Excellent restaurants right across the street...and don't forget about the art galleries as well. Golden Leaves is listed in the Gallery Guide of Hot Springs. The current items/sidelines/gifts sold in the store are too numerous to list here. The name, Golden Leaves Book Store, alone, is worth the selling price. Note that the current income is low, due to the age of the owner, and cutting back on store hours and days open. Sometimes the owner does not get in until 2 or 3 in the afternoon. I am a friend of the owner, helping to sell her business. The store also boasts having over 50,000 used paperback books, 9 cents and up and she does. Selling price is $70,000 cash. Owner may finance with 1/2 down 501 623-7007 There is the possibility that the building that Golden Leaves is in could be purchased for approx 300K. Current income from the building tenants is approx 7K, that in itself is a good investment. Donna France does not own the building, only leases her area. Contact could be made with the buildings owner if you are interested.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $50,000
Cash Flow:   $50,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $50,000
Seller Financing:  No

About The Business

Year Established:  1968
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Owner retiring at age 86.




Print Listing Id: 700166466
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Also See: Franchise Opportunities > Franchise Resales > Arkansas Businesses For Sale > Arkansas Franchises For Sale > Arkansas Business Brokers



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