Living the Mountain Good Life – Retail with Prime Locations.
ASKING PRICE: $700,000
LOCATION: Vail Valley, Colorado
GROSS REVENUE: 2,200,000
CASH FLOW: $360,000
INVENTORY: $500,000 (Included in price: No)
FFE: $500,000 (Included in price: Yes)
This is a business that offers the buyer a chance to live the mountain-town life and enjoy a substantial income and extra free-time in the off-season. The sellers have raised their family in the Vail Valley and are ready to retire and pass this great business on to another family looking for the kind of business that will provide a comfortable living and a sane lifestyle.
From designer apparel and accessories to leathers and shearlings, some of the finest clothing in the world and a great customer base with steady traffic of desirable new customers are the foundations of this 35-year old business. This retailer offers the finest and most exclusive lifestyle brands to a discerning and affluent client base that shop multiple times per year. Returning part-time residents and affluent international visitors provide a steady revenue stream derived from the sale of high-end branded goods at excellent margins. The facilities are modern and have been recently remodeled. Leases are in place for long term business in some of the most productive retail locations available in the Colorado Rockies.
Potential purchasers should note that the asking price excludes inventory. “Cash Flow” referred to is Seller’s Discretionary Earnings.
Seller is responsible for buying, hiring and marketing as well as supervising the managers of each location. Seller is not involved with day-to-day floor operations.
Since Covid-19 vaccinations have been widely available sales have returned to normal levels and beyond with 2021 being a record year.
Please Note: Potential buyers will be asked to complete buyer registration, sign a non-disclosure, interview with broker and provide evidence of the resources to complete a transaction of this size before additional confidential information will be provided.
Leased. Lease assignment to buyer to be accepted by Land Lord as part of purchase conditions.
There are other retailers of premium goods that serve these markets. The customer base is also very affluent and travels widely to other locations where high-end shopping is available.
It would be possible to open additional locations in other shopping districts as well as in other resorts or to negotiate larger square footages with the Land Lord in the future.
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations. Seller would be open to a compensated role for a longer term if of interest to the Buyer.
The Seller will entertain offers of varying financial and legal structures.