When one door closes another opens, and that’s definitely the case with The Company of Books, Del Ray’s new used book store is turning the page and replacing the Book Bank in Old Town. The new store opened at 1712 Mount Vernon Avenue in Del Ray a little less than two weeks ago.

The Del Ray location is still a little empty, and books and shelves are being brought in daily. Readers might find a few noticeable differences between the new and the old book stores. For one thing, the Company of Books is a nonprofit and its founder and Executive Director Rachel Baker wants to use future profits toward community events.

“We definitely are not looking at expanding into more locations, and our goal is to give back to the community in a way that can be helpful, and mean something,” Baker told ALXnow.

The Book Bank, which is an Alexandria staple that has sold used books for decades at 1015 King Street, will be closing its doors for good on September 20. The store will be offering sales of up to 50% off before the closure, and even before discounts the average cost for a book is $6.

There was some controversy with the new store, as a neighbor in Del Ray reported that one of its board members was taking books from little free libraries to sell in the store. Baker said that the books were recycled back into the little free libraries and that she has thousands of books for sale.

“The profit margin on a secondhand bookstore is incredibly small, and it definitely requires volume and you cannot make any kind of income taking books from little free libraries and reselling them,” she said.

The store will also start accepting used book donations on October 15.

Photo via The Company of Books/Facebook