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Is It Possible to Build an Online Bookstore with a Capital of $700?

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Nowadays, more people buy books online, rather than going to a bookstore which often just wastes time. You can imagine with only $700 money/capital, it must be allocated to various sources such as buying hosting and domain, book stock, promotion costs, etc. So in your opinion, is it possible to build an online bookstore business with a capital of $700?
 
I firmly believe that creating a bookstore online is profitable. The $700 capital is good enough to start. Do research on the possible books people of all walks and ages like to buy. What people mostly like to buy is book on creating amassing wealth, investing and travels.
 
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