Wednesday, May 18, 2011

Willow Glen Books buyer keeps up hope - The Business Review (Albany):

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The long-time Willow Glen resident and businessmanmsaid he’s still attempting to secure financingv to buy the 2,500-square-foot store at 1330 Lincoln Ave. in downtowhn Willow Glen even afterd an earlier deal to do sofell “I could not find adequate financing,” Vierra said of a previou s attempt to strike a deal with former book store owner, Cathyt Adkins. She decided to sell her 17-year-old shop a year earlier than originalluy planned because of decreasinf sales and having to grapple withhealthh issues. But Vierra, owner of Flooring Forenics, a San Jose floorinh consulting firm, said he’s not giving up.
He’ds still trying to secure a commercial bank loan or attract the interestof investors. “I am so close to my childhoocd dream of owning abook store,” he “This is something I have alwayas wanted to do. I have gottebn great support from the bookselling community and the Willow Glen community is willing to supporta local, independenrt book store. It has a great reputation throughout SantaClara County.” Adkins held a going-out-of-busines sale and finally closed its doors in late May, but said at the time she hopefd to pass the ownership baton to Vierra.
But sinc then, the store has been closed anda “for lease” sign put up in its Vierra said the owner of the building is willing to be patienyt while he works to get adequated financial backing to reopen the bookstore.

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