14 Feb Successful Durango Retail & Service Business
Location: Durango, Colorado
Industry: Retail & Service
Listing ID: Durango
This business provides residents of Durango and the surrounding communities with complementary products and services for the home. With a high visibility downtown location, the business has been a staple in the community for over 30 years. It has evolved to minimize seasonality and thrives under various economic conditions. Its emphasis on customer service, quality products, and range of price points has helped it build a loyal customer base and strong word-of-mouth referrals.
The business is confidentially listed by Sam Goldenberg & Associates. To learn more details, including the business’ identity, products, and services, please complete the electronic Non-Disclosure Agreement and Confidential Buyer Profile available at https://bit.ly/3GOjxMc.
Cash Flow: $376,636
FFE: $90,000 (Included in Price)
Inventory: $85,000 (Included in Price)
Real Estate: (Not Included in Price)
Reason For Sale:
Seller will retire.
Training & Support:
The Seller will provide up to one month of training during the training and transition phase, details to be negotiated.
Year Established: 1990
Year of Last Acquisition: 1990
Owner Hours Per Week: 40 - 50
Employees: 7 FT, 1 PT
Security on Lease: Yes
Lease Option: Yes
Monthly Rent: 6040
Type of Location: Downtown
Square Footage: 4,568
New owners will be offered a favorable lease in a high-visibility space with dedicated parking and a strong street presence. Additional lease expense for warehouse storage and additional parking.