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BOOK EXCHANGE BUSINESS IN GLENELG, SOUTH AUSTRALIA FOR SALES $80,000
Business descriptionGlenelg Book Exchange (est. February 1980) is a unique business where customers can buy outright, or exchange books bought from the store (or other outlets) for credit toward the purchase of others.
It will suit an owner/operator with the option of employing a casual for weekends and holidays during the warmer months (October to April).
No licences are required to operate.
All stock is obtained by way of a 'trade-in/credit' system hence the business title 'Book Exchange'. Unless offered an opportunity 'too good to refuse' it is not necessary to pay cash for stock - 'ever'.
WE OFFER
An extensive range of secondhand books (thousands of them) covering most genres - war, general fiction, romance, crime, true crime, hobbies and craft, Australiana, biographies, gardening, cooking, health, self help/new age, classics, travel, poetry, plays/drama, sport, history, royalty, children's/young adult, reference etc. - as well as magazines, comics, jigsaw puzzles etc. in-store and on-line.
Glenelg, regarded as 'the premier beachside suburb' of South Australia, comprises more than 300 small businesses along a 700 metre roadway and side streets.
It is an area designated a 'Tourist Precinct' and therefore not subject to many of the stringent 'open hours' conditions that apply to the city and major suburban shopping complexes.
This store can operate every day of the year - the hours are up to you.
ADDITIONAL INFORMATION:
Years established: 32
Internet On-line ID: Registered Internet Domain name and a Directory Listing --------------------.---.-- - both are available for transfer.
Stock included: Yes (approx.$54,000 based on Average Cost Value using the Periodic Inventory System)
Number of employees: Currently owner operated
Floor Area: 135m2
Trading Hours:
Monday to Saturday 9.00am to 4.30pm
Sunday 10.30am to 4.30pm
Public Holidays 11.00am to 4.30pm
Lease: 3yr + 5yr (comm.1 July 2012)- landlord very flexible if longer lease is required.
GST: It is expected the transfer of the business will comply with the GST Going Concern exemption conditions as outlined in the relevant GST legislation. The asking price therefore does not include GST
