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Profitable Christian Book Store - $49,900 (Casa Grande)
973 E. Cottonwood Lane, near Trekell
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Established in 2015, this profitable Christian bookstore represents a rare opportunity in Arizona's underserved religious retail market. With a reported 7 brick-and-mortar Christian bookstores statewide, this business serves a substantial and growing customer base in Casa Grande and surrounding Pinal County.
FINANCIAL PERFORMANCE:
• Annual Revenue: $300,000
• Cash Flow (SDE): $60,000
• Inventory Value: $70,000 (optional)
• Asking Price: $49,900 (not including inventory - buyer has option to purchase all or part of it at seller's cost (wholesale)- current total estimated value is $70,000)
LOCATION & MARKET ADVANTAGES:
• Casa Grande population: 72,627 (growing 5.37% annually)
• Pinal County population: 541,000 (fastest growing in Arizona)
• Nearby Maricopa 81,000 potential customers
• 1,999 sq ft leased retail space off busiest intersection in city
COMPETITIVE POSITIONING:
• Direct publisher relationships enable competitive pricing vs. online retailers
• Faster delivery than Amazon for many items
• Established relationships with 40 of the 150 or so churches in Pinal County.
• Personalized services: custom Bible inscriptions, gift browsing, product comparison
GROWTH POTENTIAL:
• Expand church relationships (110 that are not customers)
• Restore full operating hours (currently 25 hours/week)
• Expand social media presence (largely dormant for 2 years)
• Owner's proved growth potential with 40% year-over-year growth in their first 3 years of ownership before major family event that caused withdrawl of energy and time last 3 years.
SUPPORT & TRANSITION:
• Owner provides training
• Knowledgeable, customer-focused employee in place
• Established customer base and revenue history
PLEASE do not visit the store or call there, instead call Doug who posted it to discuss and he will set up an appointment to talk with owners! Thank you in advance for adhering to this request.
This niche retail business offers immediate cash flow with significant expansion opportunities for a dedicated owner-operator in Arizona's fastest-growing county.
Disclaimer: I am posting this on behalf of my friends, the owners, who are also the tenants in this building where their space is located. I am not a broker, but because of their time limitations, please do not visit the store until an appointment is arranged, and call me to ask any questions. I have known them for 7 years and trust them implicitly, but as with any business transaction, you will want to verify everything in this posting, receive their financials and review them along with other business records. You will want to verify the population figures that I have shared, please. Both the owners and I encourage you to get your own professional advice. I look forward to hearing from you. Doug