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Established Book Store In Vancouver For Sale

Vancouver East, British Columbia, Canada
Asking Price:
$150,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$250K - $500K (CAD)
Cash Flow:
Under $50K (CAD)

CanterburyCanterbury Tales Bookstore is a thriving business located in the busy shopping district of Commercial Drive in Vancouver, British Columbia, Canada. The area is known for its multicultural population, unique retail establishments and exciting cultural activities, making it a hotspot for both native Vancouverites and tourists. The bookshop has been at this location since 1998 and has earned an excellent reputation due to its unique ambiance and excellent selection of both new and used books, catering to a wide range of readers. However, we kindly request that you do not approach the employees. Please note that the asking price does not include the business name.

Property Information

Real Estate:

Lease

Lease Terms:

Feb 2024 with 3 years option to renew

Lease Rent:
$40 (CAD) per sq ft per annum
Location:

Commercial Drive is well-known for its multicultural population, one-of-a-kind retail establishments, and exciting cultural activities. East Vancouver is a hotspot for both native Vancouverites and tourists.

Premises Details:

Corner Retail location with several extremely distinctive retail brands.

Size in square feet:
1,058

Business Operation

Expansion Potential:

Strategies to consider:
1. Diversify Your Product Range
2. Create a Cozy and Inviting Ambiance
3. Host Engaging Events
4. Leverage Social Media
5. Customer Loyalty Programs:
6. Curate Unique Book Collections
7. Collaborate with Local Businesses
8. Online Presence and E-Commerce

Reasons for selling:

Retiring

Trading hours:

Mon-Sat, Mon-Fri business working hours

Employees:
1-2
Years established:
2009

Other Information

Support & training:

4 Weeks with 20Hrs per week

Furniture / Fixtures value:
$5,000 (CAD) - included in the asking price
Inventory / Stock value:
$150,000 (CAD)
Related Documents:
Business closed / Asset sale:
Yes