The Blackboard Marketplace & Business Center (5) Separate Businesses
Business Description
The Blackboard Marketplace & Business Center represents a unique investment opportunity featuring five established operating businesses under one roof in Wallace, Idaho. This award-winning enterprise includes a renowned restaurant, coffee shop/deli & bakery, bookstore, clothing company, and commercial condos, all housed in a 22,924 square foot building with land included in the sale.
The flagship restaurant has garnered national recognition, featured in Sunset Magazine, Good Morning America, Fox News, and The New York Times. The business has earned 12 separate 'Best in Idaho' awards across multiple categories, twice recognized as 'Best in the U.S.,' and ranked in the Top 10% worldwide by TripAdvisor.
Financial Performance:
- Annual Revenue: $1,600,000
- EBITDA: $597,000
- Seller's Discretionary Earnings: $350,000
- FF&E Value: $500,000
- Inventory: $75,000 (included)
- Real Estate Value: $2,000,000 (included)
Strategically positioned between two renowned ski resorts (Silver Mountain and Lookout Pass), the business benefits from year-round tourist activity and vibrant community festivals nearly every weekend. This prime location drives consistent customer traffic from both locals and visitors.
Significant expansion potential exists with unutilized 5th street-level retail space and an undeveloped top floor suitable for boutique hotel, condos, or apartments with separate outside entrance. Pro-forma projections indicate potential additional cash flow of $300,000 with a 7.14% cap rate upon buildout.
Established in 2015, this turnkey operation offers multiple revenue streams and proven profitability. The seller is transitioning to local organic farming and will provide negotiated support during transition. Financing options include cash, SBA, and conventional loans, with seller financing available.
This represents an exceptional opportunity to acquire multiple established businesses with significant real estate value and expansion potential in a thriving tourist destination.
The flagship restaurant has garnered national recognition, featured in Sunset Magazine, Good Morning America, Fox News, and The New York Times. The business has earned 12 separate 'Best in Idaho' awards across multiple categories, twice recognized as 'Best in the U.S.,' and ranked in the Top 10% worldwide by TripAdvisor.
Financial Performance:
- Annual Revenue: $1,600,000
- EBITDA: $597,000
- Seller's Discretionary Earnings: $350,000
- FF&E Value: $500,000
- Inventory: $75,000 (included)
- Real Estate Value: $2,000,000 (included)
Strategically positioned between two renowned ski resorts (Silver Mountain and Lookout Pass), the business benefits from year-round tourist activity and vibrant community festivals nearly every weekend. This prime location drives consistent customer traffic from both locals and visitors.
Significant expansion potential exists with unutilized 5th street-level retail space and an undeveloped top floor suitable for boutique hotel, condos, or apartments with separate outside entrance. Pro-forma projections indicate potential additional cash flow of $300,000 with a 7.14% cap rate upon buildout.
Established in 2015, this turnkey operation offers multiple revenue streams and proven profitability. The seller is transitioning to local organic farming and will provide negotiated support during transition. Financing options include cash, SBA, and conventional loans, with seller financing available.
This represents an exceptional opportunity to acquire multiple established businesses with significant real estate value and expansion potential in a thriving tourist destination.
About the Business
- Years in Operation
- 10
- Employees
- 25 (8 Full-time, 17 Part-time)
Large available job market - Facilities & Assets
- * Restaurant * Coffee Shop/Deli & Bakery * Bookstore * Clothing Company * Commercial Condos * with add'l street-level retail space and undeveloped top floor suites for a boutique hotel, Ski/Tourist Resort condos w/HOA fees or apartments featuring a separate outside entrance. Property encompasses over 23,000+ sqft. Ideally located between two renowned ski resorts
- Website
- https://www.blackboardmarketplace.com/
- Market Outlook / Competition
- The Blackboard Cafe, Marketplace and Business Center is the most popular restaurant in town. Sandwiched between two renowned ski resorts just 15 minutes on either side, east and west. Festivals almost every weekend in summer and a winter ski destination know for year round tourist activity and recreation.
- Opportunities for Growth
- Unutilzed 5th street level retail space and upstairs positioned for boutique hotel, condos or apartments with separate outside entrance. Pro-Forma additional cash flow $ 300,000 with Cap Rate of 7.14% if built out.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 22,924
About the Sale
- Seller Motivation
- Sellers plan on remaining local and creating a local organic farm operation
- Transition Support
- Support and transition to be negotiated and included in sale.
- Financing Options
- Cash, SBA, Conventional
Listing Info
- ID
- 2420400
- Listing Views
Attached DocumentsAttachment Disclaimer
Business Location
Listing ID: 2420400 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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