PPT Slide
7. Seven TRUTHS About Selling A Christian Book Store:
- Large chains (10 stores or more) sell faster and for much higher multiples than small chains.
- Small chains sell faster and for much higher multiples than single stores.
- Location is everything. Suburban is best, rural is worst, urban -- it depends.
- Books sales only stores are easier to sell than combination stores that might offer, music, videos, gifts etc. However,...
- The industry is changing and all book stores will have to adapt or go out of business.
- Pattern your store(s) after the big chains and they will probably be the ones to buy you out.
- Your business will always sell for less than you want, or think you need.