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Eclectic Retail Store in Durango, CO, Semi-Absentee owner

Durango, CO, USA
Updated 1 day ago
Established 1990

A retail haven with a unique blend of accessories, gifts, and clothing awaits new ownership. Serving women, men, and children, this establishment stands out by offering globally sourced treasures not found elsewhere in Durango. In operation for 33 years, it's a local gem and a tourist hotspot on historic Main Avenue. The shop's affordability, high-profit margins, and extensive room for growth make it a lucrative venture. With a part-time staff of 5-8, one part time working owner who works 15 hours a week and travels extensively, and a generous seller financing option, step into this thriving business. Your opportunity to own a Durango institution awaits. The business is operated 7 days a week from 9am-9pm during the summer months and 9am-7pm during the winter. Seller is ready to retire and willing to finance up to 50% of the sale price for qualified buyers.

Listing Id

63013

Monthly Rent

$6,303

Square Footage

4,550

Year Established

1990

Facilities Information

The company is located in downtown Durango, CO, in highly visible and well trafficked location on historic Main Ave. The location is well maintained and in excellent condition. The facility consists of approximately 3600 square feet of retail space with a 950 sf basement and office space. The facility has easy access, good visibility, and is operated seven days a week from 9am to 9pm in the busy season, and 9am-7pm in the slower winter season. Parking is paid street parking.

Reason for Selling

Retirement

Financials

Asking Price
$325K
RevenueMost Recent Year
$618K
Earnings (SDE)Last Reported
$124K
Assets ValueNot Included in Asking Price
$26K
Seller Financing
Yes

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