Petersen’s Bookstore can be found in the seaside town of Hastings on the Mornington Peninsula in Victoria.

It exudes warmth and charm and is considered a legacy business by the locals that provide a strong customer base.

The store stocks a range of fiction and non-fiction titles for all ages and reading tastes. From cookbooks to classics, with a strong focus on children’s reading and educational materials. A portion of the income is derived from “Back to school supplies” There is potential here to expand this part of the business.

This store is also a huge resource centre for teachers, parents and students, stocking a large range of educational books, toys, games and reference materials, teaching resources and supplies. There is an excellent website with online shopping cart and social media accounts. It is a one stop shop for both parents and teachers, with a very good working relationship with surrounding schools.

This stunning store occupies a large premises and has plenty of parking for customers in the front and rear of the shop. There is no nearby competition.

Trades 6 days: Mon - Fri 9am-5pm, Sat 10am-1pm. There is potential to extend the trading hours.

Turning over approx $300,000 per year with rent of $2,484 per month for a large premises which includes 2 car parking spaces. A new lease is available for new owners.

This business is only available for sale now, due to the owners’ desire to retire. Owner is happy to provide training and assistance to new buyer to ensure smooth handover and ongoing success.

This is the ideal opportunity for an ex-teacher or retired teacher or a semi-retired person looking for flexible work options.

For more information and to organise an inspection contact Chris Panagiotidis on 0433 582 533 or Elle Likopoulos on 03 9566 7300.

Ref: B14280