Sunday, January 16, 2011

Willow Glen Books buyer keeps up hope - The Business Journal of the Greater Triad Area:

http://www.flashvillage.com/forums/member.php?u=342921
The long-time Willow Glen resident and businessmansaid he’sx still attempting to secure financinfg to buy the 2,500-square-foot store at 1330 Lincoln Ave. in downtowmn Willow Glen even after an earlier deal to do sofell “I could not find adequate financing,” Vierraw said of a previous attempt to strike a deal with forme r book store owner, Cathyh Adkins. She decided to sell her 17-year-old shop a year earlier than originallt planned because of decreasing sales and having to grapple withhealth issues. But Vierra, owner of Flooring Forenics, a San Jose flooringv consulting firm, said he’s not giving up.
He’s still trying to secure a commercial bank loan or attractt the interestof investors. “I am so closes to my childhood dream of owning abook store,” he “This is something I have always wanterd to do. I have gotten greay support from the bookselling community and the Willow Glen community is willingf to supporta local, independent book store. It has a greart reputation throughout SantaClara County.” Adkins held a going-out-of-business sale and finallyt closed its doors in late May, but said at the time she hopedc to pass the ownership batobn to Vierra.
But since then, the store has been closedr anda “for lease” sign put up in its Vierra said the owner of the buildingv is willing to be patienf while he works to get adequate financial backing to reopem the bookstore.

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