Business ID: XB154514 - 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 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, which has been rewired within the last 10 years and maintained to the highest standards, features a beautifully appointed 1-bedroom apartment with rear access above a bookshop occupying the ground floor and basement (complete with a working fireplace), a basement that opens to an outdoor patio and al fresco dining area, secure off-street parking for one vehicle with remote roller door access, as well as a storage room with a built-in wood-fired pizza oven and a kitchenette equipped with a stainless steel sink, benchtops, and an additional handwashing station.
Assets include handcrafted bookshelves with timber lighting, antique display cabinets, a cash register, lamps, stools, steps, a library ladder, freestanding bookshelves, a database, and books valued between $120,000 and $150,000.
Price: $950,000 - Freehold + Business ($850,000 building + $100,000 business, stock, fittings and fixtures)
Property Code: 3420
