Beautiful retail store specializing in Apple products located in the h

Boulder, CO (Boulder County)

Beautiful retail store specializing in Apple products located in the h
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Asking Price: $350,000

Cash Flow: N/A

Gross Revenue: $440,000

EBITDA: N/A

FF&E: $90,000

Inventory: $75,000*

Established: 2017

*not included in asking price.

Beautiful retail store specializing in Apple products located in the h

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Business Description

Retail store in an excellent location with a highly trained staff, an established customer base, a social media presence, and strong five-star reviews for sale.

Detailed Information

Location:
Boulder, CO
Inventory:
Not included in asking price
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The location has substantial foot traffic, and roughly 1/3 of our customers are walk-ins. The retail store is approximately 1,200 square feet, with an additional 1,000 foot basement for storage and work space. It is a beautiful space with large windows and high lofted ceilings in a historic stone and brick building across the street from a 4-story parking garage.
Competition:
There are two stores in Boulder that work with Apple products. One of them is a small “mom and pop” repair shop that has no inventory of used machines. The other is a certified Apple reseller that has to adhere to Apple policies.
Growth & Expansion:
There are opportunities to double revenues to be in line with other Experimac stores, as well as expand product lines.
Support & Training:
There is a professional manager with extensive retail experience in place. She has been involved in the entire store start-up, including hiring and training the staff, and building our in-store procedures. In addition, the owner will be available for four weeks of training.
Reason for Selling:
The owner is planning to leave the state, and the store is the last business tie
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