*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.
- Asking Price:
- $280,000 (USD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $420,953 (USD)
- Cash Flow:
- $20,418 (USD)
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
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.
Business Operation
- Expansion Potential:
-
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
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.
- Reasons for selling:
-
Owner is ready to retire.
- Employees:
- 4
- Years established:
- 2015
Other Information
- Support & training:
-
The seller will provide training to the new owner and the terms of the training will be determined between buyer and seller prior to the transfer of ownership.
- Furniture / Fixtures value:
- $12,000 (USD) - included in the asking price
- Inventory / Stock value:
- $155,000 (USD) - included in the asking price
