Outdoor Specialty Retail
ASKING PRICE: $350,000
LOCATION: Crested Butte, Colorado
GROSS REVENUE: $650,000
CASH FLOW: $190,000
INVENTORY: $140,000 (Included in price: No)
YEAR ESTABLISHED: 2015
Profitable mountain-town Outdoor Lifestyle retail business. Located in downtown Crested Butte. Offering iconic outdoor brands of apparel and accessories to locals and visitors in this destination magnet town. The location is in the heart of downtown where foot traffic abounds. All systems are well established and running smoothly
This is a small business that a couple can run or a single owner with just a few staff and make a nice living in a really wonderful place. Sellers are motivated to sell promptly and have priced this well below the price that could be achieved with a longer time horizon.
Revenue in 2021 is at record levels on top of 2020 which was 30% above 2019.
Potential purchasers should note that the asking price does NOT include inventory. “Cash Flow” referred to is Seller’s Discretionary Earnings.
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 similar goods that serve this market.
It would be possible to open additional locations in other shopping districts as well as in other resorts or to seek larger square footage elsewhere in the local market in the future.
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.
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