Used Bookstore in Glen Burnie, MD – $24K – $65K Cash Flow, Est. 1980
Executive Overview
Key Investment Highlights
- •Founded in 1980, featuring an impressive inventory of over 100,000 books.
- •Prime location enjoys high foot traffic, particularly during summer months.
- •Untapped potential for online sales expansion through platforms such as Amazon.
- •Operated by two part-time employees, requiring minimal owner involvement.
- •Total monthly expenses are approximately $4,200, including rent and utilities.
This bookstore has been a cherished part of the local community for more than 40 years. It began with a small selection and has grown into a destination for book lovers, now housing a vast and varied collection. The current owner, at the helm for 12 years, runs the business with limited involvement, making this an excellent opportunity for a hands-off investor or an entrepreneur eager to take a more active role. Existing staff are experienced and capable, ensuring smooth day-to-day operations. Additional revenue can be realized by leveraging online sales channels, which remain largely untapped.
The property features a favorable lease arrangement, with current rent set at $1,900 monthly and options for a new 1–5 year lease term. Operating costs are efficiently managed, with utilities, phone, and internet averaging just $120 per month. While detailed financial records are limited to credit card transactions, the seller can provide tax documentation for the past three years, which is combined with other business interests.