{"id":3136,"date":"2013-07-29T07:25:47","date_gmt":"2013-07-29T07:25:47","guid":{"rendered":"https:\/\/www.thefranchiseking.com\/?p=3117"},"modified":"2020-12-21T09:21:22","modified_gmt":"2020-12-21T14:21:22","slug":"are-books-a-million-bookstores-going-to-franchise","status":"publish","type":"post","link":"https:\/\/www.thefranchiseking.com\/are-books-a-million-bookstores-going-to-franchise","title":{"rendered":"Are Books-a-Million Bookstores Going To Franchise?"},"content":{"rendered":"<p>&nbsp;<br \/>\n<a title=\"Books A Million, Hixson by Larry Miller, on Flickr\" href=\"https:\/\/www.flickr.com\/photos\/drmillerlg\/3363457101\/\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/farm4.static.flickr.com\/3569\/3363457101_3de10fd5da.jpg\" alt=\"Books A Million, Hixson\" width=\"500\" height=\"280\"><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #800000;\"><em><strong>Strange<\/strong><\/em><\/span> things are happening with bookstores these days. (<em>Besides that fact that lots of them seem to be closing up shop<\/em>.)<\/p>\n<p>Take<strong><a title=\"retail bookstores\" href=\"https:\/\/www.booksamillion.com\/\"> Books-a-Million<\/a><\/strong> for instance; they seem to be sneaking into several old Border&#8217;s stores&#8230;almost overnight.<\/p>\n<p>First off, I can&#8217;t&nbsp;believe&nbsp;that I just wrote &#8220;<em>old Border&#8217;s stores<\/em>.&#8221; That&#8217;s really weird.<\/p>\n<p>Second of all, why would another bookseller want to move in to these massive retail stores, and take their chance in a rapidly-changing industry?<\/p>\n<p>Even if they&#8217;ve received sweet lease deals from the commercial real estate brokers that were involved in the transactions, the overhead still has to be huge.<\/p>\n<p>So, what gives? Am I missing something?<br \/>\n&nbsp;<\/p>\n<h2>Are they thinking about franchising?<\/h2>\n<p>&nbsp;<\/p>\n<p>Maybe. If any bookstore is going to survive now-chains&#8230;even independents, they&#8217;re going to need to be super-innovative.<\/p>\n<p>Like Books-a-Million, who just last year bought a 40% interest in a start-up<span style=\"color: #800000;\"><strong> franchise<\/strong><\/span>, <strong>Yogurt Mountain<\/strong>, for $3 million. According to <strong><a title=\"seeking alpha\" href=\"https:\/\/seekingalpha.com\/article\/269915-can-books-a-million-manage-its-way-out-of-bad-economics\">this post on Seeking Alpha<\/a><\/strong>, they&#8217;ve also committed to provide a $1.5 million credit line.<\/p>\n<p>Are you interested in eating some <strong><a title=\"frozen yogurt franchises\" href=\"https:\/\/yogurtmountain.com\/\">Yogurt Mountain<\/a><\/strong> frozen yogurt in a bookstore setting?<\/p>\n<p>Of course, it&#8217;s possible that <a title=\"frozen yogurt franchises\" href=\"https:\/\/www.thefranchiseking.com\/are-frozen-yogurt-franchises-cooling-off\"><strong>frozen yogurt franchises are cooling off<\/strong> <\/a>&nbsp;just like retail bookstores, and if that&#8217;s the case, talk about a possible double-whammy&#8230;<\/p>\n<p>Even if this bookstore chain, (<em>which is currently a family-owned one<\/em>) didn&#8217;t actually<em> become<\/em> a franchise business, but just started adding Yogurt Mountain franchises in all 200 of their stores, would it be enough to turn the retail bookstore business model on it&#8217;s head?<\/p>\n<p>Selfishly, I hope so; I really want to see <a title=\"facebook page for Joel Libava's franchise book\" href=\"https:\/\/www.facebook.com\/BecomeAFranchiseOwner\"><strong>my new franchise book<\/strong> <\/a>on a bookshelf near you.<\/p>\n<p>(<em>And, near me, too!<\/em>)<\/p>\n<p>So, what do <strong><em>you<\/em><\/strong> think of a bookstore+frozen yogurt? Could it work?<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; &nbsp; Strange things are happening with bookstores these days. (Besides that fact that lots of them seem to be closing up shop.) Take Books-a-Million for instance; they seem to be sneaking into several old Border&rsquo;s stores&hellip;almost overnight. First off, I can&rsquo;t&nbsp;believe&nbsp;that I just wrote &ldquo;old Border&rsquo;s stores.&rdquo; That&rsquo;s really weird. Second of all, why [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[5,21,426],"tags":[516,517],"class_list":["post-3136","post","type-post","status-publish","format-standard","hentry","category-2011-franchise-trends","category-franchise-books","category-retail-franchises","tag-books-a-million","tag-borders-bookstores"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Are Books-a-Million Bookstores Going To Franchise?<\/title>\n<meta name=\"description\" content=\"Are Books-a-Million Bookstores Going To Franchise?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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