Successful Online Bookstore Large Inventory Listed on 14 Marketplaces Start Price - Current Price - Time Left - Bid Count 0 Buy It Now Price - Reserve Price - Start Time Wednesday, August 13, 2008 End Time Friday, September 12, 2008 Location Benicia, CA See more about 'Successful Online Bookstore' Description This is an outstanding opportuni This is an outstanding opportunity to purchase an established and well known online bookseller.  Everything is in placed.   The company ranks in the top 100 book sellers on Amazon based on the amount of feedback.  The current owner has two other businesses that he’s running and is looking at either selling this outright or partnering with a strong operator.   The unique piece of this business is that it is a Monday to Friday operation.  Unlike retail, you can have a private life too!   The ideal operator/buyer would be someone strong in operations, logistics and warehousing.  Most technical activities are either leased or handled by third parties.  Therefore, efficiencies in operations and good motivational skills with employees is key.   Details of the business are:   Location The Pacific Northwest and in particular, Washington State.  The business can be relocated but given its size, it would be spending to do so. Gross Sales The company’s sales in 2007 exceeded 7 figures and was profitable.  For 2008, its sales are flat, primarily due to a lack of focus by its current owner What is the Product Exclusively Media but could expand to other products.  Currently, the company has 150,000+ titles and 274,000+ actual items.  Books are 70% of the inventory. What’s Included All inventory, shelving, forklifts, material handling equipment, furniture, computers and operating systems leases (renewed through 2008). Inventory Valuation If 100% of inventory sold at the lowest Amazon US price, the value would be $758,000+.  For those not familiar with the marketplaces, it’s unlikely that 100% of your inventory will sell. Warehouse The business is located in a new business park with competitive rents.  The lease is renewable and transferrable. Operating System In order to manage the size of our inventory, we have the state of art operating system.  This system is not owned by the company but pays for its use based on a portion of the company's sales.  It is SQL based and hosted by an outside party with secure data storage. Marketplaces We are currently on 14 separate marketplaces.  These include all the Amazon sites (except Japan), Barnes & Noble, ABEBooks, Alibris, Half.com, etc.  (Due to excessive fees on the eBay site, we do not list our inventory but it is available if the buyer would like to). Training Owner will be on site for 4 weeks to train buyer at the facility.  Ongoing phone assistance for six months.  Terms Terms would be considered above the Buy it Now Price.   For a confidential look at the business, please email us.  We’d be happy to provide a tour and show you the operation.  However, we must insist on a NDA and some type of prequalification before granting access to the financial information. Place a Bid!