T-Shirt, Gift and Novelty Sales – Successful, Fun business with a great location
ASKING PRICE: $400,000
LOCATION: Steamboat Springs, Colorado
GROSS REVENUE: $950,000
CASH FLOW: $261,000
INVENTORY: $230,000 (Included in price: No)
YEAR ESTABLISHED: 1983
FFE: $110,000 (Included in price: Yes)
Location, Location, Location. On the best side of the best block in town means customers at the door.
This business has a 40-year history of customer recognition and goodwill in the Yampa Valley. The focus is on T-Shirts and other fun apparel items as well as gifts and souvenirs. It is a very simple operation that runs with just four employees in addition to the owner.
Well established high level of profitability. Reliable and consistent costs. Attractive well-kept premises. This would be a good fit for someone looking for a nice income in an owner/operator environment or as an addition to a group of stores doing business with a similar assortment looking to expand in Steamboat Springs.
Purchasers should note that the asking price does NOT include inventory which averages about 230K. Much of the inventory is not seasonal and carries from one part of the year to the next. Peak inventory levels in high season are higher. Minimum inventory level in Fall is lower.
Earnings/cash flow referred to is “Sellers Discretionary Earnings” for the most recent fiscal year ending November 30, 2022.
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 information will be provided.
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.