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.
Ad#:2420400
