Profitable Durango Business with 30 Years of Success

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Strong Street Presence in Downtown Durango
Asking Price:
$1,200,000

Gross Revenue:
$1,548,219
Cash Flow:
$309,233
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$65,000
included in asking price

FF&E:
$90,000
included in asking price

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Business Description

Step into this turnkey business and take advantage of all the lifestyle, cultural and outdoor amenities that Durango has to offer. Against the backdrop of the dramatic San Juan Mountains in southwest Colorado, Durango is famed for its walkable, historic downtown, majestic natural beauty, and numerous family and outdoor activities. The vibe is relaxed, vibrant with cosmopolitan overtones.

Over its 30 years of operation, this business has built up a strong customer base and robust referral network. A high-visibility downtown location, minimal competition and complementary, in-demand products have secured it a strong and stable market position. It consistently generates sales over $1.5 million and owner’s discretionary income of about $300,000 or more. New owners will be supported by a skilled and stable staff expert at delivering a superior customer experience.

About the Business

Year Established:
1989
Number of Employees:
7
Real Estate:
Leased
Building Sq. Ft.:
4,568
Lease Amount/Mo.:
$1.60
Lease Expiration:
1/31/2023
Facilities:
New owners will be offered a very favorable lease. This high-visibility space in downtown Durango offers an attractive retail showroom and office space. The building enjoys convenient, dedicated parking.
Market Outlook/
Competition:
Diverse, complimentary products, a high-profile brand, and great customer service set this business apart. Thirty years make it one of Durango’s oldest and most stable small businesses.
Growth & Expansion:
This business is benefiting from Durango’s growing population, economic activity, and reputation as a great destination to live, work and play.
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About the Sale

Training/Support:
The Seller will provide training and support during the transition phase.

Listing Info

ID:
1574047
Ad Detail Views:
0

Attached Files Attachment Disclaimer

  Durango Business NDA_PFS_Summary (654 KB)
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Business Listed by

Michael Greene

Sam Goldenberg & Associates

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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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