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Profitable Durango Business with 30 Years of Success

Durango, CO (La Plata County)

Strong, Stable and Profitable Durango Business with a Loyal Staff
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Asking Price: $1,200,000

Cash Flow: $323,571

Gross Revenue: $1,643,118

EBITDA: N/A

FF&E: $90,000

Inventory: $65,000

Rent: $1.60 /Month

Established: 1989

Profitable Durango Business with 30 Years of Success

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Business Description

Excellent Location in the Heart of Downtown Durango

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.

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Detailed Information

Location:
Durango, CO
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,568
Lease Expiration:
1/31/2023
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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.
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.
Support & Training:
The Seller will provide training and support during the transition phase.
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Michael Greene

Business Listed By:
Michael Greene

Sam Goldenberg & Associates

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