Details
Asking Price: |
$549,000 |
Annual Sales: |
$1,200,000 |
Cash Flow: |
$263,000 |
Inventory: | $800,000** |
FF&E: | $70,000* |
Real Estate: | N/A |
Employees: | 1 FT & 1 PT Owner / 6 PT |
Location: | Colorado |
*Included | **Not Included |
Business Description
For twenty years, this Colorado based specialty retail business has provided the best in high-end products for a discerning clientele. In 2016, this outstanding business provided some $260,000 of cash flow to the owners. The company’s 3,500 square foot brick and mortar retail location accounts for 40% of the $1,200,000 in annual sales. The store draws from the entire Front Range, starting south in Pueblo and reaching north to Wyoming, as well as from the I-70 east-west corridor through Summit County to the Western Slope. In addition, sales at events throughout Colorado and New Mexico provide another 45% of revenue. The final 15% of income comes from the company’s web site. Online sales are far reaching and, of course, have no geographic boundaries. The staff includes the owner and six part-time employees, three of whom have 19, 9 and 7 years respectively with the business. The sale includes over $70,000 of furniture, fixtures and equipment.
Represented by Phil Loughman. Tell me more about this business.