Business Summary:
Serving both visitors and the local community with a combination of alcohol sales and bike rentals, this longstanding business has become a staple in the area. The business operates out of a cozy storefront with approximately 1,100 sq. ft. of retail space and dedicated storage for bike equipment. Its central location positions it well to attract steady tourist traffic along with loyal local patrons with easy accessibility off the main road. That state of Colorado limits liquor licenses; this is a closed market which keeps competition very low – there are only 2 licenses allowed in this town. There is a General Manager and three retail associates that support operations, while the owner spends roughly 15-20 hours per week on customer service, order entry and financial oversight. After decades of successful operation, the owner is seeking retirement and has committed to a smooth transition and will provide up to six months of training to ensure continued success. Additionally, the seller has offered to carry 10% of the purchase price as a show of good faith in the continued success of the business post close. Included in the sale is inventory valued over $440,000 combining $150k in alcohol, $40k in bikes & excursion equipment, and the liquor license valued at $250k. The new owner can capitalize on growth potential by expanding the rental inventory, particularly with e-bikes, and by implementing a focused marketing strategy to increase visibility and customer engagement.
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