Business ID: BS------
UNIQUE OPPORTUNITY – HISTORIC PROPERTY – PROFITABLE BUSINESS
Considered one of Victoria’s most beautiful and eclectic bookshops, the Known World Bookshop has the potential to deliver multiple income streams.
The historic 3-storey 1870s redbrick building includes a fully self-contained 1-bedroom apartment, al fresco dining area, built in wood-fired pizza oven - and the kitchen meets council requirements for food handling premises.
Live onsite, rent out the apartment, open a B&B or add a funky café to this already successful business!
There’s also potential to grow this popular second-hand bookshop online – currently about 30% of sales come via ABE books, an eBay Online Bookshop and phone – approx. 70% through the shop.
- Trading in Ballarat and district for 22 years
- Situated on centrally located Main Road – one of Ballarat’s most important and historic streets
- Renowned for its beautiful collection of books and quirky ambience
- Loyal customer base – Described as “A little spot of brilliance in the universe” by one regular
- Hand-curated collection of books - History, the Arts, Literature, Children’s books and much, much more
- Located in the historic Bakery Hill precinct (site of the Eureka Rebellion of 1857)
- Precinct includes Ballarat’s award-winning Mr Jones Restaurant, a busy antiques shop, popular vintage clothes emporium, and a second-hand collective
- Close to 2 major supermarkets and Sturt Street (Ballarat’s main boulevard)
- Comprehensive database - Shop would benefit from a dedicated website
- Potential to also sell fine prints and artworks
THE BUILDING:
Rewired within the last 10 years - Maintenance kept up to the highest standards
Beautifully appointed 1-bedroom apartment above the shop with rear access
Bookshop occupies the ground floor and basement – with working fireplace
Basement has access to the outside patio and decking - Al fresco dining area at the rear
Secure off-street parking for 1 vehicle with remote roller door access
Storage room (with built in wood-fired pizza oven) and kitchenette (stainless steel sink and benchtops, additional handwashing station and coving)
THE BUSINESS:
Ideally suit booklovers or the astute investor. No specialist knowledge required. Onsite training in all aspects of business operation, database management and processing internet orders provided.
ASSETS INCLUDE:
- Handcrafted and finished customised bookshelves with handcrafted timber overhead lighting
- Antique display cabinets - Antique cash register - Numerous antique lamps
- Stools – steps - library ladder - freestanding bookshelves
- Database
- All books (Current SAV between $120,000 and $150,000)
Price: $950,000 - Freehold + Business
($850,000 building + $100,000 business, stock, fittings and fixtures)
Property Code: 3420
