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Successful Durango Retail & Service Business
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.
This is an attractively-priced business based on a 6-year average of Revenue and Cash Flow. This was done to offset any highs or lows due to Covid.
The business is confidentially listed by Sam Goldenberg & Associates. To learn more details, including the business’ identity, products, and services, please complete our electronic Non-Disclosure Agreement and Confidential Buyer Profile available at:
https://bit.ly/DurangoBusiness
(Please copy and paste the URL into your browser.)
Financial Information
- $1,295,000 Asking Price
- $550,000 Cash Flow
- $2,609,500 Gross Revenue
- $215,000 Down Payment
Business Location
- City: Confidential
- State: Colorado
Reason for Sale
- Retirement
Detailed information
- Year Established: 1990
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: Yes
- Full-Time Employees: 8
- Part-Time Employees: N/A
- Contractors: 1
- Owner Worked Hours/w: 40
- Inventory Included: Yes
- Inventory Value: $85,000
- Monthly Rent: $8,860
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: $0
- Building Size: 5168
- FF&E Included?: Yes
- FF&E Value: $90,000
Market Outlook/Competition
- No other retailer in the area offers this business mix of products and services. For each particular product line, competition is limited.
Business Listed by
Michael Greene
Sunbelt of Santa FeSANTAFE001-54050
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