Fashion forward boutique for sale! A rare opportunity to own a turn-key, vibrant and successful business in the heart of beautiful Durango. Silk Sparrow is recognized among locals for stylish clothes and fresh looks at a very reasonable price point. Located in a prime location on the corner of Main Avenue & 8th Street, right across from Durango's Welcome Center which hosts over 100,000 visitors per year, the business offers a nice income with room to grow with generous sales increase demonstrated year over year! Not only has the current owner grown this clean, fresh boutique which offers women's clothing & accessories, but she has also created more potential for a new owner with a transferable nice lease rate and numerous exclusive and protected clothing lines available ONLY for sale at Silk Sparrow. Contact listing agent for more details available upon request.
This is an amazing growth opportunity for someone who wants a turn-key, successful business model with great earnings potential.
Silk Sparrow is THE downtown destination, selling fashion forward and trendy clothing, shoes, and accessories to its faithful local clientele, as well as our many tourists. It is has always been recognized as one of the best small business locations in town, and since obtained by its current owner, the Silk Sparrow has become an even greater opportunity, with enormous earnings potential.
Durango Colorado has been a major tourism destination for many years, hosting over 800,000 visitors annually. Therefore, without a doubt, the location is key! The Silk Sparrow boutique is situated on the corner of Main Avenue and 8th Street which are both known for their heavy foot and auto traffic.
Along with the fabulous location, the current owner has added numerous exclusive and protected lines available ONLY for the Silk Sparrow.
The current owner has also perfected the technology marketing the business worldwide via her website, Facebook page and Silk’s Sparrow’s own phone application, where clients can purchase items off this App, as well as get automatic notifications when a sales event is coming up.
An additional perk is a fantastic lease, assumable with options. The lease at this coveted location comes with the sale of this boutique, as well as the perk of having a great landlord!
The store is ready and stocked, so there will be no lapse in continuing the successful business this owner has created for the next lucky owner.
This is a great opportunity to take an already successful business and watch it grow!
Let your imagination run wild with this supreme location, business and real estate. Love to create? Continue with and improve the current floral business, add a studio or gallery and fill with your creative items, supplement with souvenirs, clothing, outdoor items, the list is endless. Capitalize on the location and enjoy a piece of heaven. Inventory averages $13K in addition to purchase price; floral cooling unit and multiple display tables are included, the business is included as well as the real estate with Seller Financing. $125K down and the seller will provide very attractive terms. Continue with offering space for consignments or expand your new business. Lease the back building to generate additional monthly revenue. Cedaredge is located at the base of Grand Mesa approx. 6,200 elevation with mild seasons and fantastic views. Powderhorn Ski Resort is only 40 minutes away and is the best kept secret in Colorado. Snowmobile, cross country ski, fly fish, hunt, golf, hike...there's so much to do or just enjoy the peacefulness of this beautiful, quaint town. Leaving the big city life and moving here was the best decision my husband and I made. We found home, close friends and a new way of living.
Fort Collins, CO
This retail store specializing in dance clothing and shoes for adults and children and yoga/lifestyle clothing for women has been continuously operating in Northern Colorado for 30 years. Over the past 3 years gross revenues have increased an average of 8.3% per year, and discretionary cash flow has increase an average of 10.4% per year. Since current owner purchased the existing business in late 2002, gross revenues have increased every year except during the economic downturn in 2008/2009. Average year on year growth for these 8 years is 11.9% per year. Addition of yoga, fitness and lifestyle clothing in 2005 has greatly enhanced the growth, with this department now accounting for 17-18% of revenue.
Upgraded POS software and fully redesigned website with online shopping are live and will be included in the purchase price.
The top categories for sales based on the past 3 years averages are:
Adult leotards and dance clothing, 22%
Children s shoes and dance clothing, 18.6%
Yoga and Fitness clothing, 17.2%
Adult ballet slippers and Pointe shoes, 17.3%
Miscellaneous Women s dance shoes (tap, ballroom, lyrical, etc) 15.6%.
The fastest growing category over the past two years is Children's shoes and dance clothing. Other items sold are accessories (bags, pointe shoe comfort products, hair accessories, books), and Men s dance clothing and shoes.
Pointe shoe sales create a specialty category for the store. Specific training and expertise are required to correctly fit pointe shoes.
Crested Butte, CO
Colorado Springs, CO
Rio Grande County, CO
Denver County, CO
Grand Junction, CO
Boulder County, CO
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