How to start a bookshop

"No one buys a bookshop purely to make money.

Most other high street sectors are more lucrative options — if the bottom line is all that concerns you. Even so, running an independent bookstore still holds a special appeal.

Bookshop owners often make big sacrifices to be surrounded by paperbacks and hardbacks all day. Not that it’s impossible to make money selling books independently – but you must be able to deal with the more mundane aspects of running a business.

As the Booksellers Association website says: “Your love and knowledge must be combined with business acumen if your bookshop is to succeed.”

Threats abound
This is truer than ever in the current retail climate. Threats to independent booksellers abound.

Internet shopping has taken off in this sector like no other — over a third of book purchases are now made online. Dedicated online retailers such as Amazon can pass savings made from lower overheads onto customers, who can also buy from the comfort of home."

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How to start a bookshop:

For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.