How are books purchased to start a used book store?
Used book stores are low volume businesses which thereby require high margins. A successful store will acquire 25 percent or more of its rotating inventory through walk-in customers with books to sell or trade. Other channels are available for start-ups.Book Store CloseoutsThe brick-and-mortar used book business has been decimated in recent years by online used book sales. Watch for opportunities to acquire the inventories of failed businesses for pennies on the dollar.Private AuctionLarge private collections are difficult to liquidate, and are often sold in large lots by auction. Familiarize yourself with local auction outlets and inform them of your interest.Library SalesMost public and academic libraries raise funds through regular sales of discarded and donated books. Many open their sales to dealers (for a fee) in advance of the general public.Estate and Garage SalesThis method is time-intensive, but will likely result in your best acquisitions. If possible, use helpers to cover m