SOLD!

Details

Asking Price:
 $525,000
Annual Sales:
 $1,000,000
SDE:
 $210,000
Inventory: 150,000
FF&E: $40,000
Real Estate: Lease
Employees: 0
Location: Mountains Summit County
Reason For Sale: Retirement

 

Business Description

Retail Paint and Stain store conveniently located in Summit County on a main thoroughfare with easy access. Situated between a major retailer and grocery store with more than adequate parking.

Summit County is home to several world class ski resorts, and an easy commute to many more world class resorts, that draws visitors from all over the world, including training for international ski teams. This attracts a population, both domestic and international, that want to have a home close to these resorts. It has been estimated over 60% of the residences, single family, townhomes and condos, are 2nd or 3rd homes.

Currently the median home price in Summit County is $1,100,000 with a per square foot price of $809 per the Realtor.com report for April, 2022. To maintain these prices, homeowners and property management operators keep these homes in tip top shape including painting. With the number of log homes in Summit County, there is a major demand for stain products and maintenance products. This business is a primary supplier of these products.

Represented by Curtis Wray. Tell me more about this business.

Disclaimer: All information contained herein has been provided by the subject company, or its agent, to Front Range Business, Inc. (FRB); and while believed to be correct, said information has not been verified. Accordingly, FRB makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that FRB shall not be liable in any way for any loss or injury suffered by said recipient in connection with the delivery by FRB of this information. At all times, FRB is an agent for the seller and not for the buyer, unless a specific agreement exists for FRB to act as the buyer’s agent.