SOLD!
Details
Asking Price: |
$2,695,000 |
Annual Sales: |
$3,568,300 |
Cash Flow: |
$658,000 |
Inventory: | $500,000* |
FF&E: | $100,000* |
Real Estate: | N/A |
Employees: | 12 FT & Seasonal |
Location: | CO Mountain Resort Market |
*Included | **Not Included |
Business Description
This specialty retailer rewards your enthusiasm for the mountain lifestyle with a business surrounded by top industry vendors and an employee team that is top of market! They’ve earned an excellent position within a very strong national and international destination region, and are well-branded and recognized as a top industry performer. Excellent product mix includes apparel, footwear, and outdoor active hard goods providing top of industry margins! Business has a strong history and metrics at the top of their peers!
The business includes computerized inventory/sales system and professionally prepared financials. The lease is active to 2028 and market competitive with options for extension or real estate purchase. The very strong employee team is professionally trained with extensive industry experience. This is a great business for a strategic buyer or owner/operator with opportunities to grow through introduction of new products and services or by adding more retail space! The inventory levels are very efficiently managed – generating top of industry Gross Profit, Inventory Turns, and Earnings Productivity! Detailed financial and operational information with photos are available.
This business has a strong history! It is an excellent platform for continued growth! This retailer serves locals, second home owners and summer/winter visitors. It is well marketed with an active advertising budget, informative website, and professional operational systems. Owner and staff manage the day to day controls. Market and business are performing well in 2018, along with consistent growth in recent years. Fixed assets, including displays and computers, are current and well managed. Qualified Buyer brings 90-100% of acquisition; SBA and Seller may assist with financing. Owner will assist in training/familiarization and transfer of vendor and customer relationships.
This business has a strong history! Excellent platform for continued growth!
Represented by Thom Beckett. Tell me more about this business.