BOOKBARN INTERNATIONAL LIMITED
Founded by the great-great-grandson of Charles Darwin, Bookbarn International is one of the largest booksellers in the UK shipping new, used, and rare books from their warehouse in Somerset. Currently holding around 850,000 books, trading internationally via third-party platforms like Amazon, Abebooks, and Barnes & Noble every day. After two successful campaigns with Crowd2Fund, Bookbarn International returns again to raise money to acquire Cambridge Rare Books Ltd, a company recognised to have the finest and rarest of books.
"The UK's best book warehouse"
At Bookbarn International we love finding homes for as many used books as possible and sell globally to 10 different countries. We’re on 21 different online platforms that open our reach to 245 different countries internationally. On average 600 orders are processed daily on platforms such as Amazon, Abebooks, eBay, Barnes & Noble, Waterstones Marketplace, and Biblio. Our Somerset location was opened in 2017 and has been a great destination for bibliophiles and those simply looking for an interesting day out, enjoying the perks of our wonderful on-site café.
Acquiring Cambridge Rare Books Ltd is an exciting new opportunity as our company takes pride in acquiring the finest collections of rare books, which sets us apart from the rest of our competitors.
Where will the funds go?
A. We have closed our two shops and the cafe, furloughing around half our staff.
Draft accounts for August 2019 show t/o £1.69M, G/P £721k. The acquisition this funding is for will help grow t/o into profitability very quickly. Our online sales are significantly higher: in the first 10 days of April online revenue is up 37.36% over the same period in 2019 at £47,115 and order numbers up 57.95% at 8,787. It would seem that many turn to reading at such a difficult time!
A. Sorry for the delay Paul, but the virus has kept me more busy than previously.
A. Sorry for the delay in answering - CoVid19 has been keeping me very busy. Crowd2Fund will let us draw down whatever amount has been pledged at the end of the campaign. They will then start a new campaign to raise the balance. We are talking with the owner of the target acquisition and it is clear that some kind of earn-out can be agreed.
A. Can you please give me your email as it is very time consuming to feed you all the numbers through this means. email@example.com
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""The UK's best book warehouse""
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