Despite its best efforts to stay open, Patchouli Joe’s Books and Indulgences will close at the end of May.
What happened?
The bookstore’s new lease at 216 W. Mulberry St. in downtown Denton fell through, according to a company newsletter.
“The terms in the initial letter of intent (LOI) were different from what was in the lease agreement presented to us,” the newsletter states. “There were additional costs that had not been included in the LOI that would have made the location cost prohibitive for the store.”
The owners said they were unable to reach an agreement on the new location, prompting the closure.
Patchouli Joes sells books, soap, candles, coffee and local artwork. According to the newsletter, everything is 25% off until closing, and furniture like bookshelves are also for sale.
“Once again, we want to express our sincere appreciation to Denton for allowing us to be one thread in the fabric that is this incredible community,” the newsletter states.
Patchouli Joe’s will continue to do pop-up events around Denton, according to the statement,
Some background
After a January announcement that the store would close in March due to higher operating costs and lower sales, staff at the bookstore launched a crowdfunding campaign to help the store stay in business, according to previous reporting.
A GoFundMe was started to keep the bookstore open, and in March Patchouli Joe’s announced it was relocating from its original spot at West Hickory Street to the West Mulberry Street location with a tentative September reopening.
The business opened in Denton in 2021 after relocating from Leander, according to previous reporting.
