morenangpinay wrote: I have been thinking about a bookstore but my intention is to do it in my home country. I want to sell 2nd hand books and some new ones but my focus would be on preowned books.
there is no money selling secondhandbooks (new books maybe, niche).
initially, and more than likely long term, rental costs of a bookshop would eat all your profit and some. selling at a flee market may produce a small profit, food for the day!
simple sums; say your rent is 3k per month and u sell each book (if secondhand) for a 2 dollar profit. you need to sell 3000/2 = 1500 books per month, or 1500/4.333 = 346 books per week or 70 books a day (5 day week) just to make rent.
The other issue, where are you going to get all these books from? Most selling 2hbooks want too much for them, they buy a book for $20 and try to sell for $18. Why buy for $18 when you can buy new!
Renting them out, rather than selling will help to reduce your book intake however this market is sewn up, check out san, emf, sunny bookstores all of which are using the renting model and have a number of shops around sg.
morenangpinay wrote: I plan to make some titles rentable and some such as textbooks and reference books for students to be rentable for the year. but i haven’t done any research on this yet.
most universities around the world have a web service / physical shop setup to sell or rent new or old text books. The idea has been done to death.