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Books and Boards. Best idea yet. |
Until now.
The local bookstore is for sale. It has three floors and a basement. Baxter and I would be able to live on the second floor. Ideal since I hate moving, PLUS I hear it has three bedrooms. Suddenly, BOOM all those rent payments are going towards paying off this ginormous loan! The third floor is rented out to a yoga studio that pays $450/month. The first floor and basement are a mix of new and used books.
The catch: I'm broke. I hear you have to have money for a down payment on such a venture. Either way, I'm meeting with the realtor Wednesday to look at the entire building, and Thursday, I'm going to try to talk to the bank to see how much a loan like this would cost/how much of a down payment I'd need/is this a good idea?
My projected time frame is this:
Buy it by July.
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We'd be like this. Only, we'd be at work! |
By October/November turn it into a Books and Boards shop. We'll sell books and snowboards, because
well, those are the two very best things in life. Plus, across the street is a bike and ski shop. There are no board shops around here.
Then Baxter and I live happily ever after, while he rocks out at work with me.
What could possibly go wrong?
Awesome! Go for it! Make sure to become a Bataleon dealer too. :-)
ReplyDeleteWell duh :p
DeleteHow cool would that be to own a bookstore? Do you think the customers would notice if you read all the books before you sell them? :)
ReplyDeleteHi Lynne,
ReplyDeleteI think you are definitely headed in the right direction. I was told by someone I respected, "if you follow your dreams/passions, the money will come." Sometimes I hit bumps in the road, and I knew that something better was coming my way. I definitely see you in that bookstore with Baxter. Follow your dreams and passions! ~Hugs Pat
Wow! It sounds like a fantastic opportunity. (And fun!) Good luck!
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