The Misery of The Deal
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The Misery of The Deal
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About this listen
In this episode, the back-and-forth over the bookstore sale gets even messier. I push the commercial agents to fix misleading disclosures—changes they now have to make for any future buyer, not just me—and request a revised P&L because removing online sales means the entire expense structure has to shift.
Then comes the confusion around back stock: the sellers plan to leave books but take some with them, and I’m left wondering why. What quality are they leaving behind? Why split it unevenly? What exactly am I buying if the core inventory walks out the door?
This episode dives into the gritty reality of deal mechanics—operating losses, incomplete disclosures, unclear inventory, and the constant renegotiation of what’s actually on the table. I also talk about Bookshop.org’s short-lived experiment with letting used bookstores list inventory through Book Loop, and end on the role of hope in future planning, agency, and staying committed when everything feels uncertain.
(Bleeps in this episode are intentional and used to protect confidential business information.)
🐦🔥 Follow along as The Phoenix Used Bookshop continues to rise—subscribe to A Bookshop of My Own and get updates at phoenixusedbookshop.com