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Owner is retiring. Take over a very nice owner operator store. for sale in Colorado Springs, CO

Colorado Springs, Colorado (CO)

Asking Price: Gross: Cash Flow:
$ 280,000 $ 420,953 $ 20,418

Furniture and Fixtures Value:
$ 12,000 (included in the asking price)

Inventory Value:
$ 155,000 (included in the asking price)

Business Summary:
*Excellent location in Colorado Springs* Spacious Store that has a great layout* Located in a Strip-Shopping Center* Great potential to add additional displays and inventory* High Daily traffic count on one of the busiest streets in Colorado Springs* Great opportunity to be your own boss* Loyal customer following* With some targeted marketing, working a referral program, sales will increase

 

   
Year Business was Established: 2016
   
Number of Employees: 4pt  
   
Facilities / Terms of Lease: The store is in a great location in North Central Colorado Springs. The property consists of multitenant in-line space, three buildings on pad sites. The center features a stucco design with attractive tenant signage and easy access points. High traffic counts with great visibility and easy access.  
   
Potential Growth/Expansion: Store footprint will afford increasing inventory capacity, in particular, expanding the wine section. There is a customer loyalty rewards program in place and this database could be utilized for direct marketing, referrals, and promotions to drive sales.  
   
Competition: Estimated 2018 Demographics - 1 Mile - 15,503 - 3 mile - 106,404 - 5 mile - 264, 190 Avg. Household Income 1 mile - $65,965 3 mile - $66,251 5 mile - $70,875  
   
Owner willing to train: Yes  
   
Reason for selling: Owner is ready to retire.  
   
Seller Reference Number: FD-0891
BusinessMart.com Listing Number: 277007
 

 

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David Finsterwald

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1-800-530-2295

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