Friday, Aug 16, 2019
If you love books and possess an entrepreneurial spirit, this gem of a bookshop may be your dream-in-the-making.
Located in the retail heart of foot-traffic-friendly Piedmont Avenue, in central Oakland, California, Owl & Company Bookshop is a much-loved eight year-old general used, vintage and antiquarian Old Word-style bookstore with a great reputation.
This well-appointed 1,500 square-foot ground-floor storefront comes with a kind landlord (not a property management or investment company), a reliable flow of interns/volunters, a shared outdoor patio, and a very reasonable, renewable lease.
Primarily a secondhand and antiquarian venue, the shop's sizable, eclectic inventory also includes select new books, which sell briskly.
Approximately 25,000 mainly secondhand and vintage titles reside at the shop. The for-sale offering also includes ten thousand or so quality secondhand titles currently in off-site storage.
Along the shop's walls, custom-built solid wood bookcases, accompanied by a few ladders, reach just two feet short of the high ceiling.
With average monthly in-store sales (exclusive of online sales) of approximately three times the cost of monthly rent, as well as excellent goodwill & reputation (solid five star reviews on both Yelp and Google), and a strong general stock, which the owner has spent the last eight years curating, Owl & Company is a proven opportunity for the right person(s) to build upon.
Also included is a 1,600-person email list and, of course, the website, business name, domain names & logo.
Piedmont Avenue is home to three bookshops, a comic book, a magazine shop, and seven coffee shops and cafes. The Avenue is a mecca for book-lovers and readers alike. The shop's location presents many excellent book-buying opportunities. The surrounding community is largely well-educated, affluent & book-loving.
The shop could also be reconfigured as a combined cafe/bookshop or a bookshop-cafe-playspace. Possibilities are many!
Owl & Company was recently voted one of the best bookshops in the East Bay!
Price: On Request. All Offers Considered. Cryptocurrency OK. Trade for real estate or quality 40'+ sailboat possible. Serious inquiries only, please!
Available as an add-on purchase is a seven-room, approx. 4,000 sq foot warehouse, complete with two bathrooms, shower, kitchen and washer. The warehouse, which occupies the entire second floor of a handsome older two-story brick building just east of Lake Merritt, 4.5 miles from the bookshop, includes an online inventory of 12,000 books, another 20,000-30,000+ yet-to-be cataloged books and ephemera, a good landlord, affordable rent, renewable lease, an ethernet/WiFi network, and many bookcases.
Michael Calvello, owner
Telephone: 510.788.5821(This is the shop number. Please contact me via email, and we can set up a time to speak by phone. Thank you.)
Open 11-8 PST, seven days a week.