For Sale: Modern Times Bookstore Collective in S.F.

Modern Times Bookstore Collective, San Francisco, Calif., which has been in business for more than 40 years, has been put up for sale. Manager and book buyer Ashton De Vito told Capp Street Crap that owner Ruth Mahaney, one of the collective's founding members, is retiring and the hope is to find "someone who can come in and fill that void a bit.... We are flexible about that role and what that means." The bookstore holds its lease through early 2016.

An ad posted to Craigslist yesterday said the store "seeks a buyer or investor to assist with the expansion of the store's vision: To preserve, enhance, and serve the literary and cultural heritage and community interests of the Mission District and San Francisco. Esteemed throughout the wider literary community, with a national and international reputation among authors and readers for its commitment to global politics, social justice, and human rights issues, it is hoped the right buyer or investor will not only acquire a fully staffed and stocked bookstore, but preserve a historic, legacy business."

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