Bookstore Facility and Sales Clause Samples
The 'Bookstore Facility and Sales' clause defines the terms under which a bookstore operates within a particular facility and governs the sale of goods and services from that location. It typically outlines the responsibilities of the bookstore operator regarding inventory management, staffing, and hours of operation, as well as the types of products that may be sold, such as textbooks, merchandise, or refreshments. This clause ensures that both the facility owner and the bookstore operator have a clear understanding of operational expectations, helping to prevent disputes and maintain smooth business operations.
Bookstore Facility and Sales. The University currently operates one (1) bookstore facility, located in the University’s ▇▇▇▇ Center, occupying approximately 11,600 square feet. The bookstore operation is currently contracted with ▇▇▇▇▇▇ & Noble, and the gross sales for fiscal year ending June 30, 2005 was $7, 100,000.00. A summary of gross sales figures for the previous three fiscal years are as follows: CLASS OF MERCH. FY 01/02 % OF TOTAL SALES FY 02/03 % OF TOTAL SALES FY 03/04 % OF TOTAL SALES NEW TEXT $3,487,784 61.7% 3,920,102 65.3% 4,224,522 61.6% USED TEXT 946,914 16.7% 817,735 13.6% 1,234,558 18.0% TRADE BKS 104,728 1.9% 56,390 0.9% 75,467 1.1% SUPPLIES 242,617 4.3% 294,060 4.9% 305,832 4.5% COMP. SW 103,624 1.8% 19,987 0.3% 12,815 0.2% CLOTHING 279,527 4.9% 357,753 6.0% 473,874 6.9% MISC. 491,823 8.7% 539,345 9.0% 528,735 7.7%